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Businessmen and women, hit by the global financial crisis, are cutting back on their trips and forcing airlines to either slash their prices or to reduce capacity, analysts say.
British Airways, which has 10 flights daily between the world's top two financial centres of London and New York, is among the worst hit carriers.
"Longhaul premium traffic has softened after the summer and forward bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook," it said in a review of traffic for September.
British Airways, which has 10 flights daily between the world's top two financial centres of London and New York, is among the worst hit carriers.
"Longhaul premium traffic has softened after the summer and forward bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook," it said in a review of traffic for September.
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