17-Nov-2008 10:46 AM
Tough times ahead for Asia Pacific airlines, Qantas offers two-for-one fares
Analysis
Asia Pacific airlines have seen their share market valuations slump lately, as bad news about the global economic slowdown buffets the sector. In the past two months alone, the share prices of leading carriers Singapore Airlines, Qantas and Cathay Pacific are down 25%, 31% and 44%, respectively.
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