Centre for Asia Pacific Aviation Executive Chairman Peter Harbison said the volatile price of fuel is emerging as a serious threat to consumer demand for travel. Speaking at the opening of the second annual Middle East and Indian Subcontinent Aviation & Tourism Investor Summit in Mumbai, he warned, "The growing oil price crisis sees the express train of demand growth coming into a lake of treacle as consumer demand slows while fares rise. The express train is not yet stopped, but the ...

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