Low-Cost Carrier Opportunities Air Transport Liberalization and Post-Pandemic Recovery in CAREC

<p>This publication highlights the potential of rapidly growing low-cost airlines in Central Asia Regional Economic Cooperation (CAREC) Program countries to improve connectivity increase tourism and generate economic benefits.</p><p><br></p><p>It analyzes the market's development shows how countries have adopted more flexible aviation policies and explains the need for greater liberalization and a more supportive market environment. It recommends countries work with the private sector to develop airports eliminate regional visa requirements and diversify international and regional air travel markets to help low-cost carriers maximize their potential and accelerate growth.</p>