Singapore Airlines results disappoint, capacity cuts planned

Firstpost.com, 17 May 2013
INGAPORE (Reuters) – Singapore Airlines Ltd (SIAL.SI) reported weaker-than-expected full-year results and warned of a deteriorating environment as it struggles to cope with the rapid emergence of Gulf carriers and low cost Asian rivals.
SIA is attempting a big strategy overhaul, pushing into the budget airlines segment and expanding its regional network. Full story