Despite continued concern over a slowing cargo market, Asia-Pacific airlines are likely to record their highest-ever collective profit this year, according to the region’s main industry group. Asia-Pacific carriers achieved a dramatic profitability improvement in the first half of the year, and this momentum continued in the third quarter, Association of Asia Pacific Airlines (AAPA) DG Andrew Herdman said at the association’s annual assembly in Bali this week. Briefing media ...

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