Although low-cost carriers are penetrating deeper into the more lucrative long-haul market while aggressively pursuing short-haul strategies, they are helping to drive the aviation industry, he said.
However, they have yet to prove they can offer comfortable and luxurious long-haul services as orthodox airlines do.
"Talk about a 16-hour flight, for instance. Besides, they operate mostly on short trips and may not have access to cover the rest of the world. Conventional airlines, however, offer a global reach. We connect the world," he said.