Business
Singapore Airlines posts $1 billion loss amid 99 per cent drop in passenger numbers – Business Traveller
Demand for air travel began to decline as travel restrictions and border controls were imposed to contain the spread of Covid-19
The Singapore Airlines Group has reported a net loss of $1 billion for the first quarter of 2020 after a 99.5 per cent plunge in passenger traffic due to the coronavirus pandemic.
The Group is comprised of the following three airlines: Singapore Airlines (SIA), low-cost carrier Scoot, and Silkair.
Demand for air travel began to decline as travel restrictions and border controls were imposed to contain the spread of Covid-19 starting from the beginning of the first quarter of 2020.
As a result…
-
General19 hours agoYoung boy flown to Brisbane hospital after K’gari dingo attack
-
General17 hours agoBritish and US planes fly 12-hour mission to patrol Russian border
-
Noosa News20 hours agoWarm weather could make way for rain with ‘damaging winds, large hail’
-
General5 hours agoByford rail extension opening marks final stage of Perth Metronet