Tony Sagami -

Passenger traffic crashes at Singapore Air

by Tony Sagami on June 15, 2009

As a follow up to the Air India story linked below, Singapore Air — one of the best run airlines in the world — warned that its load factor (percentage of seats sold) dropped to 62.% in May.

Stay away from the airline business. The combo of the global recession and rising fuel prices are killing them.

Related Posts

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

I agree to the Terms and Conditions of this blog.