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In October 1972, about 10 months after SIA was incorporated, Prime Minister Lee Kuan Yew told the staff during the company’s inaugural dinner: “I set up Singapore Airlines to make profits. If you don’t make a profit, I am going to close down the airline.”
https://biblioasia.nlb.gov.sg/vol-18/issue-2/jul-sep-2022/history-singapore-airlines/
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