TODAY’S MARKET
Asia has become one the biggest aviation
markets in the world—at last count, a
billion passengers travel to, from, or within
the region each year. And more than
100 million new passengers are projected
to enter the market annually for the
foreseeable future. As a result, the airlines
and airports in this region are
continually growing, with several
ranked among the largest in the
world. This evolution has been due
largely to regional economic growth;
liberalization and deregulation; new,
efficient airplanes, and new business
models. Over the past decade,