AAPA Director General Mr. Subhas Menon in a statement said several Asia Pacific carriers may face an existential threat unless they get recapitalisation or fund injections. Although he did not state or pinpoint which airlines are affected.  September figures released by AAPA showed “markedly depressed levels” for passenger and cargo demand year on year, and the trade association sees “no recovery in sight.”  AAPA noted that although manufacturing conditions further improved globally, some … [Read more...] about Several Asia Pacific carriers face existential threat, AAPA says