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Tuesday, June 09, 2009 |
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slump worse than the 9/11 aftermath
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Global airlines seen to lose $9B–IATA
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KUALA LUMPUR: The world’s airlines are expected to lose nine
billion dollars this year, industry body IATA said Monday in a
drastic reassessment of the worst slump the industry has ever faced.
The forecast is almost double an estimate made
just three months ago, making the crisis worse than the aftermath
of the September 11, 2001 attacks in the United States, the
International Air Transport Association said.
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O T H E R R E P O R T S
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North Korea jails US journalists for 12 years
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SEOUL: A North Korean court sentenced two US women journalists to 12
years in a labour camp for an illegal border crossing and an
unspecified “grave crime,” state media reported.
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British PM to stay in power after party defeat
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LONDON: British Prime Minister Gordon Brown was clinging to power on
Monday after European elections, which saw his party suffer one of
its worst defeats on record and historic gains for the far-right.
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US allies trump Hezbollah in Lebanon polls
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BEIRUT: A pro-Western bloc inflicted a surprise defeat on Hezbollah
and its allies at the ballot box in Lebanon, the rival camps said on
Monday, but the winner now faces a battle to keep the nation
together.
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WORLDINBRIEF
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BANGKOK: Thai prosecutors said on Monday that the FBI can observe
the investigation into the death of US actor David Carradine, as
long as it did not interfere with proceedings.
-- AFP
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