(5/20/2012)
Perhaps foreshadowing the growing world economic crisis, Singapore Airlines is cancelling its thrice-weekly flights to Abu Dhabi and twice weekly flights to Athens, Greece due to poor passenger loads.
The termination of the service to Athens brings to a close an air route served by Singapore Airlines since 1972. The airline commenced flights to Abu Dhabi in 2006.
Singapore Airlines is a major “connection” to the world for Bali, operating four daily flights from the airline’s Singapore hub to Bali. As such, Singapore Airline is a major carrier of European, Middle Eastern and American visitors to Bali.
A world airline, despite its local branding, with a world-wide service network second to none, the well-run Singapore Airlines arguably serves as a barometer of the general health of world travel. The airline island republic’s year-on-year profits through the end of March slumped 69%, blamed largely on high oil prices and global economic instability.
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