Singapore Airlines clings to luxury as budget carriers thrive

SINGAPORE (Reuters) - Tony Fernandes, the flamboyant chief executive of budget airline AirAsia, joked last month that he could buy Singapore Airlines and even displayed an artist's impression of his competitor's plane painted in AirAsia colours.

Source: http://www.reuters.com/article/2012/06/26/uk-singaporeair-luxury-idUSLNE85P00V20120626?feedType=RSS&feedName=businessTravel

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