TOKYO -- Airlines are poised for a wave of consolidation amid a tough business environment exacerbated by the coronavirus pandemic, the head of one of Asia's biggest aicraft leasing companies told Nikkei Asian Review.
Transportation
Low-cost carriers positioned to lead airline industry's recovery
Leasing firm SMBC Aviation predicts tough year despite signs of recovery in Asia
SMBC Aviation Capital warns of credit costs and impairments this year amid a major industry upheaval. (Photo courtesy of the company)
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