For Asia-Pacific airlines, the main theme of 2023 was recovery of international markets – which happened overwhelmingly fast in some cases, but slower than expected in others.
Completing the international recovery will still be a major focus in 2024 for most Asia-Pacific airlines. However, there is also a raft of other factors that will shape airline planning in the new year.
These include industry consolidation, the growing importance of LCC subsidiaries, major aircraft orders and fleet availability headaches.
Looming over these – as always – are broader macroeconomic and geopolitical trends that represent risk for the airline industry.
