Singapore Air Keeps Champagne Budget to Win First-Class Fliers

Bloomberg.com, 1 Dec 2009
Dec. 1 (Bloomberg) -- Singapore Airlines Ltd. cut Chief Executive Officer Chew Choon Seng’s salary by 20 percent and parked planes in response to a global travel slump. It didn’t touch the S$11 million ($8 million) it spends annually on wine and Dom Perignon champagne for first-class passengers.
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