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Sat, Apr 12, 2003 - Page 11　News List

Air fare discounts can't beat SARS

CAN'T HELP IT With both European and US companies discouraging their employees from making business trips to Asia, most carriers are not considering incentives

BLOOMBERG , SINGAPORE

"Airlines are going to do something about it if there is no demand," said Cally Fung, general manager of Joyful Holdings Travel Services Ltd in Hong Kong.

"Airfares are likely to fall at least 20 percent in April and May," Fung said.

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