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Singapore Airlines vows to emerge stronger as losses narrow

The Singapore Airlines (SIA) Group has vowed to emerge from the COVID-19 pandemic stronger than before as it reported a significantly lower S$837 million first-half net loss, down from a crippling S$3.47 billion in the same period a year ago.

But the Singaporean airline group continues to feel the pain of COVID, revealing passenger capacity will still be just 43 percent of pre-COVID levels by December as it serves just over half of its pre-pandemic ports, or 73 destinations including Singapore.

Citing an improved passenger outlook, SIA said it remained ready to capitalize on revenue and growth opportunities as they arise and read more ⇒

Source:: AirlineRatings.Com

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