Tuesday, September 25, 2007

Cheap flights 'to open up Far East market'

The impending availability of cheap flights to the Far East will open up the market for investors and tourists, it has been claimed.
According to Hetal Shah, director of Investors Provident, cheap flights from the UK to the Far East will impact on the local property market in much the same way as they did in Europe.
Mr Shah notes that budget airlines will be offering cheap flights to Kuala Lumpur, Malaysia in September or October of this year.
One of the airlines to offer this service will be AirAsia X, and Mr Shah believes the carrier is especially reminiscent of easyJet, one of the forerunners in the European low-cost flights sector.
"I think AirAsia X is like a similar concept to what easyJet is," he said.
"And what easyJet has done to the European sector, is what AirAsia X is trying to do for the Far Eastern sector.
"At the end of the day, they are very, very cheap flights. And that's definitely going to open up the market," he concluded.
24/09/07 Holiday Lettings, UK
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