Shakeout looms in fledgling budget airline sector

Jun 25, 2013

Shakeout looms in fledgling budget airline sector

by Hiroshi Hiyama

Japan’s budget airlines have flown into turbulence, with AirAsia’s local carrier in danger of being grounded. But analysts say the popularity of discount flying should keep the fledgling sector in the sky. Earlier this month, Malaysia-based AirAsia warned it might pull the plug on ...