Singapore Airlines (SIA) has said it plans to start a budget carrier flying across longer distances.
The new airline will start operating within a year, using wide-body aircraft to ferry passengers.
Other details, such as its name, planned routes and ticket prices, have not been revealed.
The budget carrier is expected to compete with long-haul, cut-price Asian airlines operated by Australia's Qantas and Malaysia's AirAsia.
"As we have observed on short-haul routes within Asia, low-fare airlines help stimulate demand for travel," Goh Choon Phong, chief executive of SIA, said in a statement. More...
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