Most of the carriers in North Asia have announced that they would be
operating more flights in Q1 2014. Media reports said that nearly all of
the 13 major airlines in North Asia, except Korean Air, would be
increasing their flight services in the first quarter of this year as
compared to the same period in 2013. However, a majority of the airlines
would not increase their seat and available seats per kilometer (ASK)
capacity.
Media reports indicated that on average seats would be increased by 3.7
percent and ASKs 3.4 percent complementing 4.5 percent growth in
frequencies. The reports said that for some of the airlines the
frequency growth would be much faster than seat/ASK growth allowing the
aircrafts to tap new short-haul markets.
Media reports said that prominent North Asian carriers like Hong Kong
Airlines, China Southern Airlines, EVA Air and TransAsia are on their
way to become the largest growth carriers in the region. According to
the reports, carriers in Greater China would be introducing more seats
and ASK growth above their frequency growth because of the nature of
trunk routes and limited slots. Similar growth profile is also being
shown by China Airlines and EVA Air. Travel experts in North Asia have
indicated that most of the carriers in the region want to close the gap
as much possible, while the incumbent carriers are seeking
sustainability.