The latest developments in the air travel industry have significantly increased the popularity of small and middle-sized aircraft. As a result, such companies as Comac, Sukhoi Civil Aircraft and Mitsubishi Aircraft have put additional pressure on the segment giants by developing or accelerating the production of such new regional jets as ARJ21,...
Read moreThe Asia-Pacific region is currently experiencing by far the quickest growth in LCC. This is especially true in case of Southeast Asia, as the regional LCC fleet grew by about 19% in 2013 to 485 aircraft, becoming a source of overcapacity in the industry. Nevertheless, according to CAPA, Southeast Asia’s low-cost carrier fleet is still projected...
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