{"id":364041,"date":"2020-07-22T10:38:27","date_gmt":"2020-07-22T05:08:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364041"},"modified":"2020-07-22T10:59:01","modified_gmt":"2020-07-22T05:29:01","slug":"southeast-asia-budget-airline-boom-turns-sour-for-planemakers-lessors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/southeast-asia-budget-airline-boom-turns-sour-for-planemakers-lessors\/","title":{"rendered":"Southeast Asia budget airline boom turns sour for planemakers, lessors"},"content":{"rendered":"<p>Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets.<\/p>\n<p>Auditors for Malaysia&#8217;s AirAsia Group Bhd and Vietnam&#8217;s VietJet Aviation JSC are concerned about cashflows and funding, while Indonesia&#8217;s Lion Air has put the brakes on a planned flotation.<\/p>\n<p>Even before the pandemic, bankers and leasing bosses were worried about whether aircraft ordered during a decade-long buying frenzy by Southeast Asian carriers would end up being delivered. <\/p>\n<p>The carriers, which have offshoots in multiple countries, have 938 planes on order and lease most of their existing fleets of 476 planes, according to Aviation Week data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets. Auditors for Malaysia&#8217;s AirAsia Group Bhd and Vietnam&#8217;s VietJet Aviation JSC are concerned about cashflows and funding, while Indonesia&#8217;s Lion Air has put the brakes on a planned flotation. Even before the pandemic, bankers and leasing bosses were worried about whether aircraft ordered during a decade-long buying frenzy by Southeast Asian carriers would end up being delivered. The carriers, which have offshoots in multiple [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-364041","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=364041"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364041\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}