Please read this
Singapore Airlines cuts flights
SIA announced a further reduction in its services to cope with a steep decline in air travel.
270 cabin crew sacked mid way through training school
Swiss denies it held takeover talks
Swiss denied reports it held talks about a possible takeover by Lufthansa.
Lufthansa ask's cabin crew to take pay cut and reduce hours
Hong Kong ravaged by SARS virus
Cathay Pacific : Whole fleet to be grounded
Hong Kong reported on Monday seven more deaths from the flu-like SARS virus.
American Airlines bankruptcy looms
"impact of war in Iraq and weak economy, possibility of bankruptcy filing remains" says CEO.
20% pay cut agreed to by major unions
This is the head lines from Aviation website, Skytrax
I have just returned from Asia and can't believe how bad things are there. I have been flying along time and never seen it so bad, it worse than 9/11 & Gulf war 1&2 put together. I think about 3 airlines will collapse in the next 10 weeks. Malaysian is down 41% and every asian carrier is on the brink. This is a time to support our fellow f/a's and treat our customers extra special. Even domestic airlines are under the hammer because inbound traffic that feeds them is way down. The world airline industry is in crisis and I hope that there is an upsurge soon or there will be a disater for ailine employees.