Analysis: Cash-rich Singapore Airlines aims for regional dominance as rivals pull back Reuters 11 hrs ago By Jamie Freed © Reuters/Edgar Su FILE PHOTO: FILE PHOTO: A Singapore Airlines Airbus A330 plane takes off behind a Boeing 787 Dreamliner at Changi Airport in Singapore
By Jamie Freed
(Reuters) - Singapore Airlines Ltd (SIA), flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they downsize and restructure.
The crisis threatened the survival of hub carriers that lack domestic markets such as SIA, Hong Kong s Cathay Pacific Airways Ltd and Dubai s Emirates. Indeed, Singapore Prime Minister Lee Hsien Loong last year said the government would spare no effort to ensure SIA made it through the pandemic.
Cash-rich Singapore Airlines aims for regional dominance as rivals downsize
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Analysis: Cash-rich Singapore Airlines aims for regional dominance as rivals pull back
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Watch: Singapore s Prime Minister dons a turban and greets Sikhs with Sat Sri Akaal
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Singapore PM Lauds Sikh Community For Their Services During COVID-19 Pandemic
Singapore PM lauds Sikh community for their services during COVID-19 pandemic
Singapore, Jul 3 (PTI) Singapore Prime Minister Lee Hsien Loong on Saturday lauded the local Sikh community for providing support to people through various assistance programmes during the COVID-19 pandemic regardless of race, religion or background. Wearing a white Sikh turban, Prime Minister Lee, who attended the inauguration ceremony of Silat Road Sikh Temple which was renovated during the pandemic, greeted the community members with a Sat Sri Akal . Prime Minister Lee said that places of worship, including the Silat Road temple and other Gurdwaras, have had to cope with disruptions brought about by the pandemic.