(Reuters) - Singapore Airlines Ltd, the world's No.2 carrier by market value, will focus on flights to smaller Asian cities as a weak global economy batters demand on long-haul routes and competition from premium airlines intensifies.
SIA (SIAL.SI), which posted its first quarterly loss in more than two years on Wednesday, has been hammered by rising fuel costs and slower cargo and passenger volumes on routes to Europe and the United States. Full story
