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Business 24 Apr 2003 | 12:00 AM

SIA to retire Airbus fleet earlier

B>SINGAPORE: /B>Singapore Airlines (SIA) is reportedly phasing out its Airbus fleet five months earlier than planned as the Severe Acute Respiratory Syndrome (SARS) outbreak hits travel demand.

Business 23 Apr 2003 | 12:00 AM

Slower China growth will hurt rest of Asia

Asian economies may be hurt by a slowdown in China's growth rate as caused by the spread of the Severe Acute Respiratory Syndrome (SARS) virus.

Business 10 Apr 2003 | 12:00 AM

Qantas to axe 1,000 workers as SARS bites

B>SYDNEY:/BAustralia#8217;s biggest airline, Qantas Airways, is laying off 1,000 people, or about 3% of its workforce, as the war in Iraq, the spread of the deadly Severe Acute Respiratory Syndrome (SARS) virus and general weak economic conditions bite into its operations.

Business 09 Apr 2003 | 12:00 AM

Low airfares seen with suspension of pricing mechanism

The Market Development Programme (MDP), which sets the minimum airfares, would be suspended for a three-month period to allow signatory airlines to set their own airfares and promote low fares.

Business 03 Apr 2003 | 12:00 AM

MASkargo ups Europe trips

MASKARGO Sdn Bhd, which has seen increased demand for cargo space since the war in Iraq began, plans to expand freight services to Europe. It also sees a 20% increase in air cargo transhipment this year.

Business 03 Apr 2003 | 12:00 AM

Regional airline stocks continue to regain lost ground

AIRLINE stocks in the region continued to regain lost ground yesterday, even though the industry has yet to come out of what some argue are its toughest operating conditions.

Business 01 Apr 2003 | 12:00 AM

Poor sentiment causes Asian bourses to drop badly in Q1

MAJOR stock markets in Asia ended the first quarter of the year substantially lower as concerns over the economic impact from the war in Iraq weighed on investor sentiment.

Business 29 Mar 2003 | 12:00 AM

MAS – to raise or not to raise cargo fees

MAJOR regional airlines are grappling with escalating cost in their cargo operations following the onset of the war in Iraq. While most airlines have moved to pass the additional cost over to cargo customers, others have yet to do so, perhaps on the belief that the situation may not last for too long.

Business 22 Mar 2003 | 12:00 AM

Brokers' call - MALAYSIA AIRLINES BHD                                   &nb

WHILE traffic for the month of January 2003 was good, domestic traffic was weaker on a month-to-month basis following the seasonally strong month of December. Traffic for February 2003 was also weaker after Chinese New Year but forward bookings are looking stronger this year.

Business 19 Mar 2003 | 12:00 AM

Asian airlines move to cut services and costs

Several Asian carriers yesterday moved to cut services and slash costs ahead of an expected air travel and cargo slump, but airline shares rose on hopes that a US-led assault on Iraq would be brief.