The Blue Swan Daily – Thursday 22nd November 2018.
Low Cost Carriers (LCCs) account for approximately 22% of total international seat capacity in the Asia-Pacific, based on CAPA – Centre for Aviation analysis of OAG data for the week commencing 19-Nov-2018. The LCC penetration rate varies significantly depending on the market, ranging from 8% to 51%.
Summary:
- New Zealand has the lowest international LCC penetration rate among the 20 largest markets in Asia Pacific;
- Following the upcoming suspension of services from AirAsia X, LCCs will only account for 6% of international seat capacity in New Zealand;
- New Zealand was the first market in Asia Pacific with LCCs but has been punching below its weight in terms of LCCs for several years.Readmore…