Budget airlines profit from recovery
China Daily | Updated: 2010-01-29 08:08
|
A Tiger Airways airplane takes off from Changi Airport in Singapore. The budget airline raised $178 million last week in an initial public offering. Bloomberg News |
SINGAPORE: Asia's budget airlines will prosper as the region's economic recovery takes hold and its middle class grows, but rising fuel costs could hurt profits, the industry's top executives said yesterday.
Photo
