Asia Must Liberalize Air Transport, Says Singapore Minister
AIN AIR TRANSPORT PERSPECTIVE » FEBRUARY 17, 2014 by NEELAM MATHEWS February 10, 2014, 5:20 AM Singapore’s transport minister, Lui Tuck Yew, has called for Asian nations to liberalize air transport policies, and build connectivity and infrastructure in the region. He was speaking at the Aviation Leadership Summit, held on February 9 in Singapore. Southeast Asia’s aviation landscape has undergone a substantial change and transformation with the rise of budget carriers, which now comprise 50 percent of the market. “Low-cost airlines have brought air travel to secondary airports, [with] a focus on short-haul travel, and are code-sharing with legacy carriers. In Asia they have set up affiliates to form interconnecting networks…Governments need to embrace the LCC sector,” said Lui. As traffic increases, pressure grows on governments to ensure sufficient capacity at airports. While Seoul, Kuala Lumpur and Jakarta h...