What Happened
Southeast Asia Sees Shift In Commercial Aviation Landscape Amid Rising Fuel Costs
Vietnam has surpassed Thailand to become the second-largest commercial aviation market in Southeast Asia, according to UK-based aviation data provider OAG. Indonesia retained its position as the region’s largest market, with 10.9 million seats in July, while Vietnam recorded 7.4 million seats, a 5.6% increase year on year. The contraction in regional airline capacity was attributed to rising fuel costs driven by tensions in the Middle East, which prompted several Southeast Asian airlines to reduce international services. This development was reported by Asia News Network.