Indonesia’s Domestic Air Travel Slump Emerges as the Key Drag on Southeast Asia’s Aviation Forecasts
The source argues that Southeast Asia’s aviation growth outlook is increasingly constrained by Indonesia’s prolonged domestic market contraction, which accounts for more than half of the region’s remaining seat-capacity gap versus 2019. Currency-driven cost pressures, fleet constraints, and price-sensitive demand suggest a slower recovery path than optimistic long-range passenger forecasts imply.