16-Jun-2011 12:41 PM
AAPA states investors still have 'appetite' for Asian airline share offerings
Analysis
Association of Asia Pacific Airlines (AAPA) director general Andrew Herdman believes investors still have an "appetite" for share offerings by Asian airlines due to their track record of profitability. Asia Pacific airlines earned USD10 billion in 2010, the best result globally and IATA forecasts that the region will again have the strongest earnings in 2011, with profits of USD2.1 billion, more than half of total global industry earnings.
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