Asian carriers passenger numbers feel the credit squeeze

Article Date : 22 September 2008

Some of Asia’s leading full-service airlines have reported worrying declines in passenger load factors in August, as demand continues to fail to live up to expectations. The outlook for premium demand is also wilting as global financial turmoil spreads. Lower load factors and lower prices spell an uncomfortable mix, even if fuel prices are dropping. SIA load...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/airtravel/2008/09/23/asian-carriers-passenger-numbers-feel-the-credit-squeeze.html

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Asian carriers passenger numbers feel the credit squeeze

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