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Singapore Airlines cuts 17% of the fleet

Singapore, Republic of Singapore - Due to the fall of cargo and passengers traffic

Singapore Airlines (SiA) said Monday it will cut 17% of its operating fleet and is exploring other cost-saving measures amid a global economic slump which has hit travel and cargo demand. The airline, one of Asia's major carriers, said in a statement that it will decommission 17 passenger aircraft over the financial year from April 2009 to March 2010, instead of just four as originally planned before...

AVIONEWS - World Aeronautical Press Agency - 1099854

AVIONEWS - World Aeronautical Press Agency
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