24 Mar '13, 2am

Sky's the limit? Southeast Asia budget airlines bet big on growth: SINGAPORE (Reuters) - Lion Air's record air...

Sky's the limit? Southeast Asia budget airlines bet big on growth: SINGAPORE (Reuters) - Lion Air's record air...

By Anshuman Daga SINGAPORE | Sat Mar 23, 2013 10:30pm EDT SINGAPORE (Reuters) - Lion Air's record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia Bhd, the region's biggest budget airline. The rivalry intensified on Friday when Lion Air launched its first service in Malaysia, barging onto AirAsia's home turf, but the pace of expansion has raised questions about whether airlines are overextending themselves. Financiers and industry executives, however, say the party is just starting, with the region's budget carriers just beginning on the rapid growth path enjoyed by Ryanair Holdings Plc and Easyjet Plc in Europe and Southwest Airlines Co, the pioneer of the model, in the United States. "I think it's been pretty rational in the sense that it is und...

Full article: http://www.reuters.com/article/2013/03/24/us-southeastasi...

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Sky's the limit? Southeast Asia budget airlines bet big on growth: SINGAPORE (Reuters) - Lion Air's record air...

Sky's the limit? Southeast Asia budget airlines...

uk.reuters.com 24 Mar '13, 3am

By Anshuman Daga SINGAPORE | Sun Mar 24, 2013 2:32am GMT SINGAPORE (Reuters) - Lion Air's record aircraft orders underline...

Sky's the limit? Southeast Asia budget airlines bet big on growth: By Anshuman Daga SINGAPORE (Reuters) - Lion...

Sky's the limit? Southeast Asia budget airlines...

news.yahoo.com 24 Mar '13, 2am

SINGAPORE (Reuters) - Lion Air 's record aircraft orders underline the ambitious plans the privately held Indonesian group...

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