[UPDATED] The recent geopolitical summit of Asia Pacific Economic Cooperation (APEC) leaders in Manila, Philippines, caused the cancellation of more than 1,000 flights out of Manila's Ninoy Aquino International (NAI) Airport, and an estimated $2 billion loss in overall revenue. An airport spokesperson said these were "alleged losses" from the airlines--which included canceled flights, loss of retail income, insurance payout and downstream hotel bookings lost--but was yet to be ...

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