While most regions will see limited improvement next year, Asian airline sector could return to profitability fastest
Asia-Pacific carriers may have been the hardest hit by the industry downturn, but they are now poised for a more dramatic rebound than their European and North American counterparts. Airlines in most global regions are expected to start a slow climb to recovery next year, according to a new forecast from the International Air Transport Assn. Despite some improvement, airlines from Europe and North America will still be in the red collectively for 2010. Asia-Pacific carriers, however, ...
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