SINGAPORE, March 9 (Reuters) - Singapore Airlines Ltd , the world's second-largest carrier by market value, said on Friday it has asked its pilots to volunteer for a no-pay leave of up to two years as the industry was hit by weak demand and soaring jet fuel prices.
The move comes on the heels of a 53 percent plunge in third-quarter net profits for the Singapore flag-carrier, which recently also announced a 20 percent capacity cut for its cargo operation and higher fuel surcharges. Full story
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