Frost & Sullivan’s View on the APAC Low Cost Airline Market: What Recession?

LONDON - The Aerospace & Defense Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the APAC Low Cost Airline Market to be held on Thursday, April 30, 2009 at 3 p.m. GMT.

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When Air Asia commenced operations in 2001, introducing a full-scale low cost business model in the region, critics and analysts considered this a certain recipe for failure as they claimed it does not suit the market conditions in APAC. Eight years later and amidst the worst global economic crisis of the last 35 years, APAC is home to over 30 low cost airlines that are growing at an unprecedented pace.

In response to the exponential growth of low cost airlines in the Asia Pacific Region, Frost & Sullivan has released a market insight, looking at the key drivers and restraints and forecasting future growth in this niche sector.

The analyst briefing will focus on key market trends, forecasts of APAC LCC fleets and traffic levels up to 2012, the impact of the economic downturn, route network development issues, and profiling of key players.

“Low cost carriers in APAC have been growing exponentially over the past eight years, despite the relatively young business model and recent economic crisis. This market has yet to reveal its full potential, as air transport regulatory barriers are lowered, bilateral agreements become less restrictive, and the emerging economies of China and India give rise to latent demand,” observes Consulting Analyst Max Sukkhasantikul.

This briefing will benefit aircraft manufacturers, global aviation suppliers, investment banks, private equity firms, aviation analysts, and anyone who wishes to understand the phenomenon of low cost airlines in APAC.

To participate at our interactive analyst briefing, please email Anna Anlauft at anna.anlauft@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress ‘GIL 2009: Europe’ on 19-20 May, at the Sofitel St James in London. GIL Global is the industry’s only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Anna Anlauft, Corporate Communications for Frost & Sullivan in Europe, at anna.anlauft@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/giluk

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company’s Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit www.frost.com.

Contact: Anna Anlauft Corporate Communications Europe Aerospace & Defense P: +49-69-770-33-12 F: +49-69-23-45-66 E: anna.anlauft@frost.com www.frost.com

Source: Frost & Sullivan

Anna Anlauft, Corporate Communications Europe, Aerospace & Defense of Frost & Sullivan, +49-69-770-33-12, fax, +49-69-23-45-66, anna.anlauft at frost.com ; Photo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO