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View all search resultsAir Asia
Business 5 years ago
Southeast Asia budget airline boom turns sour for planemakers, lessors
Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets.
Business 5 years ago
Airline industry in dire need of stimulus package to withstand crisis
With the current situation, the Indonesian National Air Carrier Association (INACA) has called on the government to provide financial stimulus for the ailing airlines in the form of credit relaxation and soft loans.
