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Asian airlines feel drag from weak cargo market

Singapore Airlines (SIA), which hit a high of $10.52 and a low of $10.09 in the month of March, closed at $10.30 yesterday, down nine cents - PHOTO: SPH

SHARE values of Asian carriers registered a 2 per cent drop in March compared to February, as the region's airlines continued to struggle with a weak cargo market. Globally, airline shares were flat in March, in line with the broader market, according to the International Air Transport