AFP
SINGAPORE (AFP) — Singapore Airlines said Monday it will cut 17 percent of its operating fleet and is exploring other cost-saving measures amid a global economic slump which has hit travel and cargo demand.
The airline, one of Asia's major carriers, said in a statement that it will decommission 17 passenger aircraft over the financial year from April 2009 to March 2010, instead of just four as originally planned before the global downturn hit major markets.
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