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View all search resultsIn Indonesia alone, the airline industry experienced a loss of US$1.56 billion between February and April this year, which was driven by a decrease in domestic and international passengers following the COVID-19 outbreak.
Singapore’s national flag carrier, Singapore Airlines (SIA), has raised an additional S$750 million (US$541 million) from long-term loans on some of its Airbus A350-900 and Boeing B787-10 aircraft to boost its liquidity amid the ongoing global health crisis, it announced on Thursday.
Singapore Airlines (SIA) and its regional arm SilkAir will not be flying to new locations next month but will slightly increase the frequency of flights on existing routes as the impact of the COVID-19 pandemic on the aviation sector drags on.