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OUTLOOK 2017

Cloudier skies ahead for airlines in South-east Asia

Double whammy of stiff competition and rising fuel costs set to take its toll

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One bright spot for the Asia-Pacific will be improving cargo revenues, says Mr Pearce, who estimates 3.5 per cent growth in cargo traffic despite weak world trade and the spectre of protectionism.

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Changi Airport's Terminal 4 building - which has been completed and has received temporary occupancy permit - is on track to commence operations in the second half of 2017.

Singapore

SOUTH-east Asia's carriers are likely to be looking at a more challenging year in 2017, as airlines face a double whammy of stiff competition and rising fuel costs.

The region is one of the most competitive markets in the Asia-Pacific, thanks in part to the proliferation

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