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Debt wobbles a concern for highly leveraged airlines

15-Aug-2007

Gone are the days of cheap finance – or so it seems,

at least over the medium term. The US sub-prime mortgage problems have dented

investors’ appetites for providing debt financing. So much so that central

banks have been pumping billions of dollars into global financial systems in

the past week to avert a credit crunch. [273 words]

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