Aircraft operated by local low-cost carriers Thai AirAsia and Thai Lion Air are parked at Don Mueang airport in Bangkok. (Photo: Pattarapong Chatpattarasill)
New low-cost carriers in Southeast Asia may find it more difficult to survive as dominant players could engage in a dumping strategy to protect their market share, while seat resumption for airlines could take 10 years for a full recovery.
Patee Sarasin, chief executive of Really Cool Airlines and former chief executive of Nok Air, said after the airline obtained an air operation licence in the third quarter of this year, it is now applying for an air operating…
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