Some airlines will not survive the global economic slump, an industry association has warned in Singapore, with the next 12 to 18 months being “extremely difficult” for Asia-Pacific carriers. Passenger numbers are falling as Americans and Europeans curtail travel plans in the fact of financial turmoil, according to the Kuala Lumpur-based Association of Asia Pacific Airlines. “The biggest challenges right now are weakening passenger demand, particularly for first- and … [Read more...] about China : Asia-Pac airline association gives dire warning