Singapore Airlines says CFO to leave in Feb

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An honorable member of the Coffee Shop Has Just Posted the Following:

Singapore Airlines said on Friday its chief financial officer, Chan Hon Chew, has resigned and will leave the city-state's flag carrier on Feb. 1, 2014.

Chan, who has been CFO since 2006, quit voluntarily to pursue other career opportunities, SIA said in a stock market filing. It did not say who would take over from Chan or when a replacement was likely to be appointed.

SIA is facing stiff competition on its medium and long-haul routes from Gulf carriers such as Emirates Airline. Premium class travel, which makes up about 40 per cent of its revenue, has also been hit.


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