Daniel Tsang

While such a market has a demand for up to 2,000 airplanes over the next 20 years, it will remain niche.

This airline that is involved, it has had 18 crashes or accidents, which regulator in their sane mind would allow an operator to continue like that? That problem should've been seen. Their regulatory oversight is falling behind the curve.

They have modernized significantly in terms of upgrading their fleet but also by really doing the International Air Transport Authority operational safety audit, they [adopted] the industry's global safety standard. That got them removed from the EU ban.

One of the major reasons why you are seeing the increased number of accidents is the exponential growth in the Indonesia market itself because more people are flying instead of taking ferries.