AMSTERDAM: Ten years from now, the airline industry would be more focused and different types of airport and consolidation would take place, said AirAsia Bhd Group CEO Tan Sri Tony Fernandes. On a more serious note, Fernandes said that the airline industry is now at an inflection point. As a result of the airline carriers being more focused, Fernandes also foresees different types of airport in the future. Fernandes also did not believe in the airline industry being cyclical, particularly for low-cost carriers. Fernandes added that the airline industry was probably one of the most highly-regulated industries in the world.

Source: The Star October 31, 2016 09:11 UTC