No bottom yet - Association of Asia Pacific Airlines

Asia Pacific airlines are still searching for the bottom of the current economic downturn, as the swine flu scare provides yet another challenge. Association of Asia Pacific Airlines (AAPA) Director General, Andrew Herdman, stated, "the trading environment for Asia Pacific airlines remains extremely challenging, with further recent declines in passenger demand reflecting ongoing economic weakness as well as public anxieties over government initiatives related to the widening swine flu pandemic. As a result, we still haven't seen a floor in terms of overall passenger demand."