The Jakarta Post, Thu, 04/08/2010 11:55 AM
Singapore Airlines has once again stepped into the limelight as one of the world's most admired companies.
According to a survey conducted by Fortune Magazine participated in by business practitioners around the world, Singapore Airlines has confirmed its place as the only international airline, which made it onto Fortune's top 50 list of the most admired companies of 2010.
"In another industry pummeled by the recession, airlines continue to face daunting challenges - and yet Singapore Airlines managed to impress its peers, moving up from No. 33 to No. 27 and to take the No. 1 spot in the airline industry rankings," Singapore Airlines said in a statement.
Meanwhile, CEO Chew Choon Seng said the company had not compromised on what mattered. "Even as we scaled back supply to match the impact of the global financial crisis on demand, we made it a point not to touch spending on safety and security, nor on staff training and skills development," he said. - JP
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