Analysts: Worst over for SARS-hit airlines

  • Business Premium
  • Wednesday, 28 May 2003

WITH the lifting last weekend of a travel ban to Hong Kong and China’s Guangdong province by the World Health Organisation, the first glimmers of hope are appearing for Asia’s embattled airlines, which have been struggling with poor passenger numbers and bottom lines, hit by the Severe Acute Respiratory Syndrome (SARS) virus.  

“We have seen the worst for airlines,” said a Hong Kong-based analyst who was optimistic that the hotel, restaurant, travel and leisure industries in the region could be tailing the airlines on the takeoff to an uptrend.  

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