AVIATION
Worldwide slowdown taking toll on airlines as passengers
turn away
Joseph Lo
Leading Asian airlines are flying with more empty seats as a result
of the slowing global economy, which has also slowed the demand
for air freight.
Analysts said the present slowdown may turn out to be much worse
than the industry's last downturn in the wake of the Asian economic
crisis, when Cathay Pacific Airways, now embroiled in an dispute
...... Read more on South China Morning Post
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