Richard Pinkham Quotations

To be an important regional player, an airline needs a big local travel market...and Vietnam has major potential.

As both carriers are principally point-to-point travel at this point, it seems not overly likely that the two low-cost terminals will be in competition with one another for passengers, especially with a five-six hour drive separating them.

They brought more people on their planes, which shows that they continue to offer superior product and put their aircraft into places where business people want to fly.

The incumbent airlines undoubtedly will lower many of their fares to the same level Oasis does, and the customers will most likely make the rational choice to fly with the known commodities, with their established safety histories and frequent flier programs.

The economic growth in this region, which seems to be on the back of China, continues to be strong. So we think the region's airlines will register 5-6 percent passenger growth in 2006.

I don't think the proximity of the terminals has too much bearing, especially with low-cost flights between the two countries not currently allowed.