Frost & Sullivan: Southeast Asian Aviation Industry Poised for Success with the Implementation of Op

KUALA LUMPUR, Malaysia, March 11, 2013 /PRNewswire/ -- The recentcontinued reform of numerous agreements is anticipated to drive thedevelopment of 'Open Skies' policies in different regions ofSoutheast Asia, which in turn will raise air travel and increase growthof the aviation sector in the area. Increased flexibility, routecoverage and profitability as a outcome of these open skies policies isexpected to contribute to these developments.According to Neil Dave, Consulting Analyst, Aerospace &amp Defense,
Frost &amp Sullivan Asia Pacific, "The ASEAN aviation industry will
develop considerably in the next couple of years with considerable increases
in infrastructure investment and planned policies in the creating which
will encourage this growth momentum."
"Buyers will appear to benefit from increased option of
destinations, routes and greater affordability with rising standards of
living and price-savings passed down from airlines due to enhanced
efficiency and maximization of earnings," added Dave.
According to Frost &amp Sullivan, the demand for a well-knit air
travel infrastructure technique and the rising demand for low-cost
travel are the most important drivers for the implementation of open skies
policies in the ASEAN region.
"Lots of ASEAN countries at the moment lack complete and nicely
developed ground transport infrastructure and countries in these regions
are divided by vast seas, as a result there is a demand for a well-knit,
flexible air-transport system," mentioned Dave.
"Also, with the escalating recognition of air-travel as mode oftransport, there is a rise in demand for low cost travel amongst countriesin the ASEAN region which are not connected," Dave continued.Nevertheless, the implementation of open skies policies may adversely
affect growth of aviation, specifically in nations with a creating
aviation sector. Stiff competitors from mature, foreign players may
eventually squeeze out smaller players from a developing aviation
industry major to loss of aviation related jobs.
Dave cautioned, "Although this competitors is a natural
by-product of the introduction of such laws, it is crucial to also
note the impact that open skies policies can have on the national
airline organizations."
He observed, "Nations such as India and China have been
experiencing fast development in air transport services and domestic
aviation infrastructure and are key competitors in the industry. Other
ASEAN nations will be forced to enhance their air transport solutions
across the region to stay competitive."
Moreover, there are numerous restraints in the implementation of open
skies policies in the ASEAN region. The existing lack of infrastructure
in establishing ASEAN nations to assistance the transform in policy may possibly lead
to overcapacity of airports. With the enhance of air-travel inside the
ASEAN area, the more than-utilization of air-space and technical delays may
result in a higher possibility of air routes inside the region becoming
overly congested.
However, in the extended run, Frost &amp Sullivan predicts the
implementation of open skies policies will bring about actual and
spill-more than rewards to a variety of industries. With ASEAN nations being
some of the main exporters of electronic goods globally, the open skies
agreements will look to boost economic and trade development. Additionally,
the strong trade and tourism industries are set to improve as demand for
air transport continues to rise among these regions.
In order to improved implement open skies and support development in the
AEC (ASEAN Economic Neighborhood), the ASEAN Single Aviation Marketplace (ASAM)
is concurrently planned to be implemented by 2015 and will - - offer
commonality in aviation security, security, air-traffic management and
various regions of significance.
"The management of concerns regarding aviation security,
security, tariffs and fair competition will be fundamentally important to
the succession of open skies policies in the ASEAN area. Nonetheless, with
these kinks and problems ironed out in time, ASEAN as a region can appear to
benefit heavily from the implementation of these policies," stated
Dave.
Collectively with know-how companion HW LIMA, Frost &amp Sullivan plans
to address new industry possibilities and shed insights on the future of
Aerospace, Defense and Maritime Industries at the Langkawi International
Maritime and Aerospace (LIMA) Exhibition, taking place from 26 to 30 Marchš ˇ­. LIMA is a biennial occasion that gathers the world's major
maritime and aerospace firms in a week of higher influence business and
networking activities with specific aerobatic and ship displays as
highlights.
The exhibition will introduce a quantity of key new applications, foremost
being the ASEAN Aviation Best Practices Awards, The LIMA '13
Shipbuilding and Ship repair conference and the ASEAN Commercial
Aviation Conference created at boosting LIMA's international profile and
increase participation.
Registration and booking of space for LIMA'13 is now open and
more info on the Langkawi International Maritime and Aerospace
Exhibition 2013 can be located at www.lima.com.my.

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