The implementation of the ASEAN Economic Community (AEC) has ensured the continued promising prospects of the air transportation business in Southeast Asia. Regional airlines seem to be competing to win the ASEAN market. The most intense competition among airlines in Southeast Asia occurs in the low-cost carrier (LCC) sector.
Lion Air, an Indonesian airline, has the largest fleet, with 110 aircraft across all its groups. AirAsia is in second place with a fleet of 80 aircraft. Competition between the two airlines is not only in terms of the number of aircraft, but also in new aircraft orders. To improve service and rejuvenate its fleet, Lion Air has ordered 507 aircraft, while AirAsia has ordered 385.
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