Philippine carrier Seair appears to be taking for ever to launch its Airbus A320 operations.
It first announced its plans in September 2006 and was planning to lease the aircraft from Singapore low-cost carrier Tiger Airways.
Two years and eight months later still no A320s in operation.
The reason for the delay is because of regulatory red-tap, which in the end has only worked to benefit the incumbents Cenu Pacific and Philippine Airlines because they have less local competition.
The reason I bring this issue up is because Singapore and the Philippines this week signed a new air services agreement that gives each side an additional 16 Airbus A320 flights per week.
Extra capacity was needed because the Philippine side was already using up its allocation and extra capacity is needed if new entrants such as Seair are to move in.