Vietnam surpassed Thailand to become the second largest Southeast Asian aviation market with 7.4 million seats in July, an increase in capacity of 5.6% year-on-year, according to a report by British aviation analytics firm OAG.
Indonesia remained the largest Southeast Asia market with 10.9 million seats, up 0.3% year-on-year.
Thailand, which held the second spot in previous months, slipped to third place with 6.9 million seats, a 3% reduction in capacity, followed by Malaysia and the Phillippines.
The report said capacity reduced in Malaysia, Thailand and the Philippines due to the Middle East crisis.
|
Tourists wait to check in for flights at Suvarnabhumi airport in Bangkok, Thailand, Jan. 4, 2023. Photo by Reuters |
Vietnam Airlines is the largest airline in Southeast Asia in July with 2.81 million seats, growing by just 0.1% year-on-year, according to OAG.
Overall capacity in the Southeast Asian market reduced by 1.2% compared to July last year to 50.4 million seats due to rising fuel costs triggered by political tensions in the Middle East, OAG reported.
A series of Southeast Asian airlines recently cut international routes amid rising fuel costs.