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Branson honours AirAsia X wager

Virgin boss Richard Branson today came good on a wager with AirAsia chief executive, Tony Fernandes, when he served on b...

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IATA warns of fragile outlook

The International Air Transport Association (IATA) has accused “ill-conceived” government policies of holdin...

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Fuel costs force profit downgrade

Global airline losses could hit more than US$5 billion this year if, as feared, the cost of fuel rises to US$150 per bar...