Archive for August 20th, 2009

Singapore Airlines losing, AirAsia gaining »

Singapore Airlines (SIA) – arguably among the world’s best-run, most profitable major airlines in the past – has announced a whopping loss for the April-June quarter of this year, blaming the world economic crisis, the H1N1 pandemic and losses on fuel hedging. Not mentioned by the airline, but possibly another factor, is an ongoing boycott [...]