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,
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.
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.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.