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Asia Pacific flag carriers ending 2009 on a healthier note, but recovery “still some way off” - AAPA

Analysis

The Association of Asia Pacific Airlines (AAPA) stated preliminary figures for Nov-2009 show "further evidence of a modest recovery in air traffic demand", although it cautioned a recovery in airline profitability is "still some way off" and market conditions "remain extremely challenging". AAPA member airlines carried 11.1 million international passengers last month, a 4.5% year-on-year increase.

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