Weak Asia-Pacific cargo markets airlines' biggest worry: Iata chief
[SINGAPORE] Persistent softness in the Asia-Pacific cargo markets remains the biggest concern for regional carriers, according to International Air Transport Association (Iata) chief Tony Tyler.
"Cargo continues to be weak and for the big airlines in this region, it's a very important component of their revenue mix," said Mr Tyler at a media briefing yesterday ahead of the Singapore Airshow, adding that the market started softening in 2011 following a recov…
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