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Asian airlines brace for recession blues in 2009

Monday 29th December, 05:05 AM JST

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3 Comments

  • rajakumar at 04:50 PM JST - 30th December

    Despite slowdown people will still consume. People will go for wal mart price goodies,Mcdonalds price type foods ,economy hotels and low cost carriers type vacations.

    The not too fancy,low frills or inexpensive products and services companies will grow in 2009 and beyond. This may be a new chance oppurtunity for tourism to begin its new boom globally . The low frills,inexpensive ,not too fancy, created new growth tourism potentials,is there eveywhere to tide slowdowns.

  • saitamakid at 05:23 PM JST - 30th December

    I don't know about you guys, but I am one of those who wasn't able to spend Christmas in my home country because there is no available ticket for the Philippines, despite its balloooooooooning price during the holidays! So, whether it's crisis or not, the Filipinos will still fly back home because of Christmas! Airline executives should learn how Filipinos could defy economic theorem against all odds!

  • hereandthere at 07:04 PM JST - 30th December

    and JAL responds by raising international fares... makes sense

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