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Vietnam looks set to get its first foreign listings, with its listed budget carrier talking to anyone who will listen and a game maker set on an international IPO.
The woes of Cathay Pacific and Singapore Airlines, which both recently posted losses, underline how hard it is to make money out of flights from Asia right now.
Still, brighter news from Europe and China limits losses. And stocks may get a bounce once Congress sorts the fiscal cliff.
Stock futures advance after Spain makes an official request for EU bank bailout funds and Greece says it will repurchase outstanding debt.
Delta Air Lines has approached Singapore Airlines about buying the Asian carrier's stake in Sir Richard Branson's Virgin Atlantic Airways.
Virgin Atlantic CEO Steve Ridgway is retiring early next year, following 23 years with the British airline founded by Richard Branson.
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