India's Budget Airlines See Gold in New Tie-ups
Budget carrier IndiGo, an IATA member, is being courted by Qatar Airways to participate in a code-share agreement.
Budget carrier IndiGo, an IATA member, is being courted by Qatar Airways to participate in a code-share agreement.

Asia-Pacific Low-cost Carriers Ranked by Fleet Size as of Dec. 31, 2013

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New relationships are changing the Asia Pacific’s airline landscape as it enters a new stage of maturity with once-fierce opponents forming partnerships for reciprocal gains. Overcapacity in fleet numbers has fueled competition and compelled budget carriers to look at cooperation initiatives despite the budget airline industry’s penchant to avoid complexity. The 47 budget carriers in the region–with 10 startups to be launched this year–have in hand more than 1,600 fleet orders, with around 1,000 aircraft already in their collective inventory.

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