Airports urged to help budget carriers cut costs
Airline chiefs' call comes as overcapacity depresses yields of carriers in the region
Singapore
AIRPORTS in the region can do more to help low-cost carriers (LCCs) cope with costs in a challenging environment, said airline heads at a panel discussion.
"The LCCs bring growth to the markets. The cost permutation in Asia - with inflation, with capex costs going up - is impacting airlines," stressed Jetstar Asia chief executive Barathan Pasupathi at the 2014 CAPA Asia Aviation Summit & LCC Congress on Monday. "Our message as an industry (is) in order for us to continue playing a part in a sustained way, taxes, costs, charges at airports have to go down."
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