A year of disasters, the disappearance of Flight 370 and financial turbulence highlight the challenges confronting the world's biggest air travel market, where governments, regulators and airlines are struggling to keep up after a decade of astonishing growth.
A UN agency's warning about airline safety in Thailand, one of the world's top tourist destinations, is just the latest sign of ferment in the industry.
The boom has been driven by the region's explosive economic growth as well as market liberalizations that have allowed dozens of new discount carriers to flourish, turning the airline business on its head.
The strains are also showing in recurring pilot shortages and shortcomings in air traffic control systems and airport infrastructure that countries are scrambling to upgrade, especially in big Southeast Asian nations such as Indonesia.
"We're in uncharted waters," said Desmond Ross, principal at DRA International aviation consultants and former head of the Pacific Aviation Safety Office, which oversees airline safety for South Pacific islands. "I don't think the world has seen this sort of growth before."
06/04/15 AP/Economic Times
A UN agency's warning about airline safety in Thailand, one of the world's top tourist destinations, is just the latest sign of ferment in the industry.
The boom has been driven by the region's explosive economic growth as well as market liberalizations that have allowed dozens of new discount carriers to flourish, turning the airline business on its head.
The strains are also showing in recurring pilot shortages and shortcomings in air traffic control systems and airport infrastructure that countries are scrambling to upgrade, especially in big Southeast Asian nations such as Indonesia.
"We're in uncharted waters," said Desmond Ross, principal at DRA International aviation consultants and former head of the Pacific Aviation Safety Office, which oversees airline safety for South Pacific islands. "I don't think the world has seen this sort of growth before."
06/04/15 AP/Economic Times
No comments:
Post a Comment