Slowdown: Asia's aviation market bright

Nov 15 2012, 15:50 IST
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SummaryIndian carriers like Jet Airways and Air India have also been operating no-frill models for a few years.

global air cargo market.

Even though profits in Asia and globally have decreased steadily since 2010 due to the "relentless squeeze by high oil prices", Asian carriers, despite the slowdown, have continued to be more profitable than their counterparts in other regions, the AAPA study said.

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