3 ordspråk av David Pettigrew
David Pettigrew
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Asia's regional carriers have operated in a virtual monopoly for too long and although they have taken some costs out, it's not enough to compete with the lean and mean start-ups,
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There is no true de-regulation or open-skies policy in Asia. Even if they are not government owned there is high degree of protectionism and favoritism towards home-based carriers.
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Virgin Blue has already succeeded; Air Asia has an impressive domestic share. I think ValuAir has a chance because the local market is very price sensitive. We could see them emerge in China once re-structuring has occurred. I give the market 6-18 months before we see success.
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