Singapore Airlines has announced that it is expecting to report a material operating loss for the first quarter of the 2020/21 financial year, as well as expecting to see the carrier experience its first annual loss since its founding, in January 1972. The news comes after the airline reported a record net loss of US$531
In this week’s World of Aviation Podcast, hosts Adam Thorn and Christian “Boo” Boucousis recap Virgin Atlantic’s miraculous revival with a big helping hand from Sir Richard Branson, as well as the very slow resuscitation of the 737 MAX. Tune in to this episode to hear Adam and Boo reflect on the ongoing rivalry between
Hong Kong-based Cathay Pacific is considering shifting some of its long-haul planes to desert storage facilities, according to numerous reports.
The SIA Group’s airlines – including Singapore Airlines, Silkair and Scoot – together recorded a 99.6 per cent year-on-year decline in passenger carriage in May when compared to the same month in 2019.
Singapore Airlines has announced that it has managed to raise US$7.2 billion in new equity through the company’s recent rights issue. Along with its new liquidity, the Changi Airport-based national flag carrier of Singapore has built up a mix of secured and unsecured credit facilities. It is hoped this new liquidity will leave the airline
Singapore Airlines announced on Monday morning it will cut 96 per cent of its capacity until the end of April.
