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Low Cost Airline News - Asia / Pacific.


Jun 11, 2007

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Korean Air, saying it "shall no longer remain indifferent to the invasion of low-cost carriers from China and Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east.  into the Korean market," announced plans yesterday to launch an LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.

1. LCC - Language for Conversational Computing. Written at CMU in the 1960's.
 within three years that will operate flights on domestic and short and mid-range international routes using 737s. The plan's unveiling culminated a process that began in 2005 when a KAL task force started studying the feasibility of the airline operating its own LCC. It said it is considering launching the new carrier via Korea Airport Service, a sister company owned by parent Hanjin Group that has experience operating charter flights, rather than starting a new company from scratch. Jun 5, 2007

Korean Air

Korean Air said it would launch a low-cost carrier within three years, becoming the latest airline in Asia to target the burgeoning no-frills aviation market. South Korea's largest airline said in a statement its low-cost carrier, to operate domestic and short and mid-haul international routes, was aimed at competing with cheaper rivals from China and Southeast Asia and cater to soaring outbound travel demand. The plan follows Japanese rival All Nippon Airways' announcement last week it might start up a low-priced airline in a pre-emptive pre·emp·tive or pre-emp·tive  
adj.
1. Of, relating to, or characteristic of preemption.

2. Having or granted by the right of preemption.

3.
a.
 move to ward off potentially fierce competition from Chinese rivals. Low-cost carriers make up 20 percent of the entire airline market in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe, and are expanding quickly in China and Southeast Asia, with deregulation Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Notes:
Traditional areas that have been deregulated are the telephone and airline industries.
 lowering the bar for new players trying to enter the airline industry. Jun 4, 2007

Qantas Airways, Jetstar

Qantas Airways' low-cost subsidiary Jetstar said it was considering a big Airbus plane order and taking minority stakes in more Asian airlines Asian Airlines (Asian Airlines Helicopter) was an airline based in Nepal. Incidents and accidents
In 2002 a helicopter belonging to Asian Airlines vanished while heading for the Lukla region with 10 members of a French mountaineering expedition.
 as part of aggressive expansion plans. "We are talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to"
lecture, speech

rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to
 Airbus at the moment for a long-term big order," Jetstar Chief Executive Alan Joyce Alan Joyce (born October 21, 1942) is a former Australian rules footballer who after playing 49 games for Hawthorn became a premiership winning coach for the club. Originally from Glen Iris, Joyce played in the ruck for Hawthorn and gained life membership in 1996.  told reporters, saying it would need new planes in 2009 to feed domestic and offshore growth. He declined to give details, but later said the deal could be for aircraft options. Joyce also said the low-cost carrier was looking at taking stakes in more Asian airlines, similar to its April deal to buy a 30 percent stake in Vietnam's Pacific Airlines. Jun 6, 2007

Tiger Airways

Tiger Airways received final approval from Indian authorities to operate commercial flights from Singapore to Chennai, Cochin, Goa, Trivandrum, Kolkata and Kozhikode, the LCC announced. It said it will announce a schedule "fairly soon" and expects to link its Indian services to its new operation in Australia. Jun 6, 2007

ZZ

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Jun 4, 2007
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Comment:Low Cost Airline News - Asia / Pacific.
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Date:Jun 11, 2007
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