Asian carriers shaken by plunge in premium travel
April 20, 2009 00:00:00
SINGAPORE, April 19 (AFP): Casey Chan used to fly business class every other month to oversee his company's electronics factory in China until late last year, when orders from Western buyers suddenly started drying up.
His employer, a Singapore-based multinational firm that makes components for items like DVD players and digital cameras, is unlikely to put him back on a plush airline seat, with fine wines on demand, anytime soon.
