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The so-called mini March peak that was “expected” by analysts and had led airlines to forecast March as being the second busiest month in the year, has so far failed to materialise, say carriers.

“The quarter-end is always relatively strong against the rest of the quarter as companies want stock off their books,” said the chief of one European carrier. “We have forecast a peak, but there’s not much high-tech coming out of Asia-Pacific. Without companies like Apple tightening the market, ...

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