PETALING JAYA: Low cost carriers (LCCs) such as AirAsia Bhd and airport operators such as Malaysia Airport Holdings Bhd (MAHB) will benefit from Indonesia’s ratification of the 2009 Asean Open Skies agreement that will bring the region closer to the formation of a single aviation market by end-2015.
According to UOB Kay Hian, the adoption of open skies by Indonesia will boost intra-Asean tourism, benefiting primarily LCCs operating in the region and hospitality firms.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
![](https://cdn.thestar.com.my/Themes/img/sub_paywall_TSM.webp)
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!