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Singapore Airlines Reports First-Half Net Loss of US$3.5bn


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MIAMI – The Covid-19 pandemic continued to have a severe impact on Singapore Airlines Group’s operations, with passenger traffic falling by 98.9% amid tight global border controls and travel restrictions. According to the Group, revenue declined US$6.6m (80.4%) year-on-year to US$1.6bm in the H1 of the financial year. Passenger flown revenue fell sharply as Singapore […]

The post Singapore Airlines Reports First-Half Net Loss of US$3.5bn appeared first on Airways Magazine.

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