Asian Aviation is Having One of Its Deadliest Years Ever
AirAsia Bhd. QZ8501 crashed into the Java Sea last Sunday, making this the fourth Asian commercial airline tragedy in just one year. As sorrowful as this is for the families of victims, airlines will also suffer from this series of unfortunate events. Many passengers are likely to avoid using these airlines in favour of other regional rivals such as Malaysian Airline System Bhd. and Indonesian Lion Air.
Shares have also fallen drastically as airline investors became incredibly concerned following the incidents.
Do you think that this tragedy will keep Asians away from the skies, at least for a while?