Most Affordable, Cheap Flight Tickets and Hotels Booking Prices…

Reduced Regional Express losses clouded by uncertain times

The continued turbulence Regional Express is experiencing in the first half of fiscal 2022 could dog the entire financial year, chairman Lim Kim Hai has warned.

Lim struck the cautionary note as he released the airline’s 2021 annual results Tuesday, noting the airline had never been ravaged as badly as the fall in global passenger numbers stood at more than triple that experienced in the Global Financial Crisis.

“The first half of the FY22 will continue to be dominated by rolling lockdowns and border closures,’’ he said.

READ: QantasLink runway overrun has lessons for pilots

“It is possible that the second half will read more ⇒

Source:: AirlineRatings.Com

Leave a comment

Your email address will not be published. Required fields are marked *