Page last updated at 10:19 GMT, Monday, 12 December 2011

Why is business soaring for Asian airlines?

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As Europe and the US teeter on the brink of a double dip recession, and legacy carriers continue to feel the pinch, a raft of new airlines - from no frills to ultra premium services - are launching in Asia.

It is predicted to be the fastest growing aviation market in the world. Carmen Roberts reports.

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