Singapore Air’s Empty Business Class Cost It Top Rank

Bloomberg.com, 24 Mar 2009, Chan Sue Ling
March 24 (Bloomberg) -- Singapore Airlines Ltd.’s biggest drop in passengers in more than five years cost the carrier its ranking as the world’s most valuable airline. Tan Teng Boo is enjoying the empty seats.
“Before the slowdown, it was always difficult to get a seat,” said Tan, who oversees $200 million as managing director at Kuala Lumpur-based iCapital Global and flies at least three times a month.
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