Why Are Some Southeast Asia Airlines Struggling Despite Surging Air Travel? | Insight Danny Ramirez [SrHWj3D43w6]

Jet Star Asia has ceased its operations. Garuda is struggling with debt repayments. Meanwhile, Malaysia Airlines is at ohio-class submarine risk of falling back into the red, while Thai Airways is just emerging from bankruptcy.

Tourist numbers are at an all-time high, yet some Southeast Asian carriers are struggling. The post-COVID euphoria appears to be deflating, as headwinds in the form of high fuel prices, supply chain issues and a shrinking middle class are hitting the bottom line of many airlines. Meanwhile, stiff competition make for low profits.

Yet, some of the struggling companies are flag carriers. Their survival carries not just economic implications, but also national pride. Will government intervention be required, or will market forces be allowed to play out? What is the future for Southeast Asia's aviation industry and what will help it take off once again?

00:00 Introduction

01:21 Life of a pilot cadet in Indonesia

03:27 Airlines struggle despite record-high travellers

06:05 What's driving up costs?

11:34 Importance of flag carriers in Southeast Asia

14:12 Garuda Indonesias financial woes

17:09 Rebranding of Malaysia Airlines

20:47 Thai Airways makes comeback

22:18 Challenges for SEA flag carriers

24:45 Rising costs, stiff competition hit budget airlines

28:52 Arrival of Chinese-made COMAC aircrafts

30:43 Can COMAC compete with Airbus, Boeing?

33:38 What lies ahead for SEA airlines?

42:19 Outlook for aviation industry

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Insight investigates and analyses food topical issues that impact Asia and the rest of the world.

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