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Singapore Airlines narrows Q1 loss
Singapore Airlines (SIA) narrowed first quarter losses to just over $300 million, thanks to strong cargo sales. Overall revenue was up 52% on last year for the three months to 30 June.
SIA’s passenger traffic is now at 28% of pre-Covid-19 levels, it said. The airline expects to increase capacity to about 33% of pre-Covid-19 levels by the end of September. As at end-June, the group’s network covered 62 overseas destinations.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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