Gulfnews, 5 May 2012
Singapore Airlines is missing the party in its own home.
Tourist spending in the city jumped by 50 per cent since 2008, aided by new development and a 23 per cent rise in passenger traffic through Changi Airport. That growth hasn't been reflected in the carrier's passenger numbers, which are down by 2.2 million in the period.
The 12 per cent drop is the largest of the 12 biggest publicly traded full-service airlines in the Asia Pacific, data compiled by Bloomberg show. Full story