Asia-Pacific carriers may be the first to recover from the dramatic industry downturn due to the lower household debt in Asia compared with the US andEurope, according to the International Air Transport Association’s chief economist. Asia-Pacific airlines may see recovery as early as 2010 – ahead of the rest of the industry – due to the lower household debt in the region compared to significantly higher household debt levels in the US and … [Read more...] about MALAYSIA: Asia-Pacific carriers could be first to recover