Singapore Air says premium travel unaffected by credit crisis

thewest.com.au, 21 Sep 2008

Singapore Airlines Ltd, which gets 40 percent of revenue from business passengers, said the credit crisis in the US has not hurt demand for premium-class travel.

Demand from business travelers in the US remains “relatively strong,” spokesman Stephen Forshaw said in an e- mail reply to Bloomberg queries.

Leisure traffic has declined recently for Asia's most profitable carrier and the airline may alter its route network in response, he said.

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