18-Mar-2009 5:25 PM
Is the full service airline business model broken? Network airlines face a tipping point
Analysis
It is only a matter of days before Asia Pacific airlines begin grounding aircraft, after yesterday's ugly traffic report from Singapore Airlines, today's dismal premium traffic report from IATA for Jan-2009 and statements by Cathay Pacific CEO's Tony Tyler that the airline has entered a time for "difficult decisions".
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