02-17-2009, 12:02 AM
<b>Singapore Airlines to cut 17 percent of fleet</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->. It also forecast a bleak outlook for this year. The airline announced late last month the suspension of some international flights to <b>India, Southeast Asia, the United States and Europe</b>. It also said it was reducing an all-business-class service to <b>New York and Los Angeles</b>. "Compared with Cathay Pacific Airways or Qantas, SIA's latest results looked strong but the airline is flying into very turbulent, treacherous weather. And its profits are going to fall substantially," <!--QuoteEnd--><!--QuoteEEnd-->