The growing influence of low-cost carriers in Northeast Asia and its implications for a regional single aviation market

Wenliang Ma, Anming Zhang, Yahua Zhang and Shiteng Xu

Journal of Air Transport Management, 2021, vol. 91, issue C

Abstract: This paper provides an overview of the development of the low-cost carrier (LCC) sector in China, Japan, and South Korea. It is the first paper that documents LCC contributions to the passenger traffic and cheaper fares in Northeast Asia (NEA)'s intra-markets. We argue that a single aviation market can facilitate the growth of the LCC sector, which in turn will make a significant contribution to the NEA connectivity, mobility, and integration. In addition, with a single aviation market, NEA countries can adopt a proactive, unified approach in negotiating air transport agreements with the major aviation partners to maximize the interests of this region as a whole, which will further provide valuable growth opportunities for the LCCs.

Keywords: Northeast Asia; Single aviation market; Low-cost carriers; Passenger traffic; Open skies (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:91:y:2021:i:c:s0969699720305767

DOI: 10.1016/j.jairtraman.2020.101994

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