Risk Factors Affecting the Low Cost Carriers Industry of ASEAN

5 Pages Posted: 28 Apr 2016

See all articles by Vichian Puncreobutr

Vichian Puncreobutr

St. Theresa International College

Thanoo Saowaros

St. Theresa International College

Date Written: April 27, 2016

Abstract

The purpose of this research was to study the risk factors affecting the low cost carrier industry and also to provide guidelines to reduce the risk. The research was conducted by studying the documents, in depth interviews with personnel at the airports in Thailand, staff of Aeronautical Radio of Thailand and 30 executives from low cost carriers of which 25 executives gave main information. It was found that the risk affecting the low cost carriers industry consists of 2 main factors: Risks in aviation industry and risks in operating the business. Guidelines were provided to reduce the risks. The application of Porter’s 5 Force Model would help to manage low cost carriers industry effectively.

Keywords: Risks; Low Cost Carriers Industry; ASEAN

Suggested Citation

Puncreobutr, Vichian and Saowaros, Thanoo, Risk Factors Affecting the Low Cost Carriers Industry of ASEAN (April 27, 2016). Available at SSRN: https://ssrn.com/abstract=2771515 or http://dx.doi.org/10.2139/ssrn.2771515

Vichian Puncreobutr (Contact Author)

St. Theresa International College ( email )

1 Moo 6, Rangsit-Nakhon Nayok Road,
Klong 14, Bungsan, Ongkharak,Nakhon Nayok,Thailand
Nakhon Nayok 26120
Thailand

Thanoo Saowaros

St. Theresa International College

1 Moo 6, Rangsit-Nakhon Nayok Road,
Klong 14, Bungsan, Ongkharak,Nakhon Nayok,Thailand
Nakhon Nayok 26120
Thailand

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