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Singapore Airlines cuts flight capacity by half, sets for more amid COVID-19 spread
Singapore Airlines announced on Thursday that it was suspending more services across its network following heightened travel bans across the globe.
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A Singapore Airlines employee wears a medical mask for protection against the novel coronavirus outbreak at Tom Bradley International Terminal in Los Angeles, California, on Feb.2. (AFP/David McNew)
S
ingapore Airlines (SIA) announced on Thursday that it was suspending more services across its network following heightened travel bans across the globe.
Following the move, the carrier will "operate only 50 percent of the capacity that had been originally scheduled up to end-April", and is expecting to make further cuts in the future.
“We have lost a large amount of our traffic in a very short time, and it will not be viable for us to maintain our current network," said SIA CEO Goh Choon Phong in a statement. "Make no mistake – we expect the pace of this deterioration to accelerate. The SIA Group must be prepared for a prolonged period of difficulty."
The company is "actively taking steps to build up its liquidity" as it is looking to "further cut costs".
Just a few days ago SIA announced that it would waive all rebooking fees for tickets issued on or before March 15 with a travel period until May 31 amid COVID-19 pandemic.
Earlier on Thursday, Australia's biggest airline, Qantas, also announced that it would halt all international flights starting late March for at least two months and suspend 20,000 staff to stay afloat. (kes)
