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Monday, November 19, 2007

AVIATION - IATA puts damper on Southeast Asia open skies

eTN Asia/Pacific , November 13 2007

Amid the euphoria of low-cost carriers being granted new landing rights in the ASEAN region, the International Air Transport Association is saying the region is still a long way from liberalizing the aviation industry.
The International Air Transport Association (IATA) has dampened the euphoria felt by air passengers in ASEAN member countries with the recent agreement by the Malaysian and Singapore governments to allow “limited” low-cost flights by warning that Southeast Asian nations are still a long way from liberalizing the aviation industry."I think there is a long way to go," said Mike Barclay, regional vice president of IATA. "Regulations still obstruct carriers in the region, hampering the industry's growth."


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