You are here

Overcapacity could force regional airlines to push back incoming aircraft

BT_20160215_NRTONY15_2115574.jpg
"It's quite possible that (the financial market turbulence) will have significant impact on air travel." - Iata chief Tony Tyler

Singapore

OVERCAPACITY remains a challenge for carriers in this part of the world, which could prompt some airlines to postpone incoming aircraft, according to the head of an airline association.

This year, the International Air Transport Association (Iata) expects US$6.6 billion