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SINGAPORE: Singapore Airlines Ltd, Cathay Pacific Airways Ltd, and other Asian carriers will all post losses next year as the fallout from the global economic crisis curbs demand for air travel, an aviation consultant said.

Union ratifies contract with Frontier Airlines (AP via Yahoo! Finance)
The union that represents dispatchers at Frontier Airlines has ratified a long-term contract with the company. Members of the Transportation Workers Union of America and Denver-based Frontier Airlines said Friday that the agreement extends wage and benefit concessions of about 10 percent negotiated earlier this year when it filed for Chapter 11 bankruptcy protection.

Sector Snap: Airlines take off as oil pulls back (AP via Yahoo! Finance)
Airline stocks took off Friday as oil prices slipped, and a UBS analyst boosted his price target on Delta Air Lines Inc. citing expected growth potential following its acquisition of Northwest Airlines Corp.

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