Heathrow congestion issues? Nothing compared to what could be coming in the face of explosive growth of discount Asian aviation industry, driven by rise of low cost airlines.
The situation reflects a growing trend in which a low-cost carrier outcompetes larger, more traditional airlines that once ruled the market. But in this case, Qantas Group wins no matter who’s in the lead.
In the case of Vietnamese budget airlines, quantity outweighs quality. Despite JetStar’s five-year headstart, its recent focus on fleet renewal slowed operations as VietJet surged ahead with plans to expand routes.