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Asian airlines feel drag from weak cargo market

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 Association's (Iata's) latest financial monitor. However, American carriers bucked the trend with their shares edging up 4 per cent on the back of a stronger financial performance.

On the financial front, Q4 results...

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