COVER STORY: Turbulence sure to test ambitions of Asian airlines
Sky-high fuel prices and a dampening economic climate have already brought down a fleet of airlines this year, including Hong Kong budget carrier Oasis. In such a rarefied atmosphere, bankruptcies beckon and consolidations loom as Asian carriers plot grand expansion plans. It is all about survival of the fittest for the airline industry in 2008. Leigh Powell reports.
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