Asian Airlines to Face `Turbulent Times,' Webber Says

Tony Webber, associate professor at the University of Sydney Business School and former chief economist at Qantas Airways Ltd., talks about the prospect for global airlines.

Airlines will earn $4.1 billion in 2012, $1.1 billion more than last estimated, as capacity curbs and mergers help boost fares amid high fuel prices and sluggish demand, the International Air Transport Association said yesterday. Webber speaks with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

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