Independent journal on economy and transport policy
15:40 GMT+2
Profit forecasts for Asian airlines cut due to US slowdown
(Shipping Times)
February 2, 2001
But margins in Asia are expected to remain highest in the world: Salomon Smith Barney
[SINGAPORE] Global brokerage house Salomon Smith Barney has slashed its profit forecasts for Asian airlines as much as 17 per cent over the next two years as the US economy lumbers to a worse than expected slowdown.
Previous projections for 2001 for Hongkong's Cathay Pacific ...... Read more on Shipping Times
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