CAPA: For the time being the Asia Pacific market will be very competitive and often low yielding

10 May, 2017

CAPA - Centre for Aviation chairman Peter Harbison commented (10-May-2017) on the ramifications of increased capacity to the Asia Pacific aviation market stating: "For the time being these markets are typically very competitive and often low yielding, both because of the ubiquitous sixth freedom connections and because the new breed of Asian traveller is extremely price sensitive. This yield issue will remain a challenge, particularly to/from Australia, as more long haul low cost new entrants come into the market. But as trade flows thicken, so the profile of traveller will include more business travellers over the next decade".