The growing influence of low-cost carriers in Northeast Asia and its implications for a regional single aviation market

Ma, Wenliang and Zhang, Anming and Zhang, Yahua ORCID: https://orcid.org/0000-0003-1522-3402 and Xu, Shiteng (2021) The growing influence of low-cost carriers in Northeast Asia and its implications for a regional single aviation market. Journal of Air Transport Management, 91:101994. pp. 1-10. ISSN 0969-6997

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Abstract

This paper provides an overview of the development of the low-cost carrier (LCC) sector in China, Japan, and South Korea. It is the first paper that documents LCC contributions to the passenger traffic and cheaper fares in Northeast Asia (NEA)’s intra-markets. We argue that a single aviation market can facilitate the growth of the LCC sector, which in turn will make a significant contribution to the NEA connectivity, mobility, and integration. In addition, with a single aviation market, NEA countries can adopt a proactive, unified approach in negotiating air transport agreements with the major aviation partners to maximize the interests of this region as a whole, which will further provide valuable growth opportunities for the LCCs.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Date Deposited: 10 Dec 2020 01:28
Last Modified: 03 Feb 2021 03:10
Uncontrolled Keywords: Northeast Asia; Single aviation market; Low-cost carriers; Passenger traffic; Open skies
Fields of Research (2008): 15 Commerce, Management, Tourism and Services > 1507 Transportation and Freight Services > 150701 Air Transportation and Freight Services
14 Economics > 1402 Applied Economics > 140217 Transport Economics
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380109 Industry economics and industrial organisation
38 ECONOMICS > 3801 Applied economics > 380117 Transport economics
35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3509 Transportation, logistics and supply chains > 350901 Air transportation and freight services
Socio-Economic Objectives (2008): B Economic Development > 91 Economic Framework > 9102 Microeconomics > 910203 Industrial Organisations
B Economic Development > 88 Transport > 8803 Aerospace Transport > 880302 Air Passenger Transport
Socio-Economic Objectives (2020): 15 ECONOMIC FRAMEWORK > 1505 Microeconomics > 150503 Industrial organisations
27 TRANSPORT > 2701 Aerospace transport > 270102 Air passenger transport
Identification Number or DOI: https://doi.org/10.1016/j.jairtraman.2020.101994
URI: http://eprints.usq.edu.au/id/eprint/40335

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