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Asian carriers cutting jobs

The global economic downturn is starting to translate into capacity and airline job cuts in Asia.This week Singapore Airlines announced that it would be decommissioning 17 of its aircraft and cutting capacity by 11%.Seventeen aircraft is a significant proportion of the airline’s total fleet, which currently stands at a little over 100 aircraft.SIA has yet […]

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Thai Airways’ call for govt hand out

Thai Airways International is calling on the govt for a 20-30 billion baht ($572-858 million) bail-out in the form of a bridging loan. It needs the cash because it has been losing money and needs to shore up its balance sheet. Some of the losses are due to events beyond its control – such as […]

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