Wednesday, January 17, 2007

Asian Discount Airlines Consider Landing in Europe

Asian airlines are looking to expand Europe's low-cost market by offering discount fares from Germany to Hong Kong. While environmental rights groups are concerned, German airports are eagerly awaiting a deal.
It's no longer surprising for European passengers to play cut-rate prices -- sometimes under one euro ($1.30) -- for an international flight, and the discount airlines offering them, including Ryanair, Easyjet and Germanwings, have managed to take over 30 percent of air traffic market share, accounting for a large part of the increase in international traffic.
Though Pakistan, China and India are all likely to see an average passenger increase of eight percent, discount airlines make up just 10 percent of the Asian market and are tightly regulated by national governments, according to the International Air Transport Association.
While other Asian markets are only beginning to open their airports to regional competition, the airlines, including Malaysia's Air Asia X, are finding a warmer welcome in Europe.
16/01/07 Deutsche Welle, Germany
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