The ASEAN Single Aviation Market: Liberalizing the Airline Industry
This Policy Brief presents an overview of the barriers facing air transport liberalization in ASEAN. It lays out the policies that governments should undertake to overcome these barriers, particularly in light of rapid changes in the aviation industry. It also assesses the incomplete or unfinished nature of the ASEAN Single Aviation Market (ASAM) that necessitates further liberalizing steps beyond 2015. In particular, more meaningful market access and ownership/control relaxations must be pursued to deal with the increasing competition from airlines outside the region. A united external policy is also required to enhance ASEAN's negotiating position vis-á-vis other countries and blocs.