Singapore Airlines says short haul travel falling

Reuters, 7 Nov 2008, Daryl Loo

SINGAPORE, Nov 7 (Reuters) - Singapore Airlines, the world's largest airline by market cap, said on Friday its longer haul premium travel business was holding up, but short haul was falling. "We have no plans to start reducing headcount at this juncture," said CEO Chew Choon Seng at a post-results briefing, adding that the airline was reducing costs elsewhere by cutting routes and through pay adjustments.

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