Wednesday Mar 15, 2023
Will the Sunny Outlook for Airlines & Aviation in South East Asia Endure Through 2023?
"I see airfares going higher and higher." As we approach the end of the first quarter of 2023 – and near the one-year anniversary since most South East Asian nations restored quarantine-free travel after the pandemic – what is the outlook for the airline sector? Many airlines are making handsome profits, but what challenges reside up ahead? To delve deeper, Gary welcomes back Shukor Yusof, Founder and CEO of Malaysia & Singapore-based Endau Analytics. In a broad-ranging chat, we discuss everything from airline capacity and air ticket prices in 2023 to the challenges of geopolitics and net-zero targets. We address the return of Chinese travellers and their potential impact for airlines, destinations and the hospitality sector. Plus, how will the soaring ambitions of Air India and the newly announced Riyadh Air impact the carriers currently dominating the market in South East Asia? And finally, looking back over the past three years of the pandemic era, what have been the big lessons for airlines and airports across the region?
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