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SINGAPORE AIRLINES CUTS EXECUTIVE'S SALARIES

SINGAPORE, Singapore Airlines yesterday announced it is to trim managers' salaries between 7% and 15%. The airline said Cheong Choong Kong, the carrier's ceo, will lose 15% of his base salary. Cheong said that job cuts would be the "last resort" but some people may lose their jobs anycase.

AVIONEWS - World Aeronautical Press Agency - 18405
Rome, Italy, 10/09/2001 12:32
AVIONEWS - World Aeronautical Press Agency

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