Low-Cost Carrier Opportunities, Air Transport Liberalization, and Post-Pandemic Recovery in CAREC

Asian Development Bank

Low-Cost Carrier Opportunities, Air Transport Liberalization, and Post-Pandemic Recovery in CAREC
Format
Paperback
Publisher
Asian Development Bank
Country
PH
Published
24 May 2024
Pages
136
ISBN
9789292707064

Low-Cost Carrier Opportunities, Air Transport Liberalization, and Post-Pandemic Recovery in CAREC

Asian Development Bank

This publication highlights the potential of rapidly growing low-cost airlines in Central Asia Regional Economic Cooperation (CAREC) Program countries to improve connectivity, increase tourism, and generate economic benefits.

It analyzes the market's development, shows how countries have adopted more flexible aviation policies, and explains the need for greater liberalization and a more supportive market environment. It recommends countries work with the private sector to develop airports, eliminate regional visa requirements, and diversify international and regional air travel markets to help low-cost carriers maximize their potential and accelerate growth.

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