Singapore Airlines, which is rich in money, wants to gain regional dominance as its opponents are pushed back by Reuters
Made by Jamie Freed
(Reuters) – Singapore Airlines (OTC Ltd (SIA) has raised $ 16 billion since the start of the pandemic with the help of a state-owned investor that is in a dominant position among Southeast Asian rivals as its size is reduced and restructured. .
The crisis threatened the survival of hub carriers in non-domestic markets, such as SIA, Hong Kong’s Cathay Pacific Airways (OTC Ltd and Dubai Emirates. In particular, Singapore’s Prime Minister Lee Hsien Loong said last year that the government “will make no effort” to get the SIA through the pandemic.
Cathay Pacific launches lifestyle brand as travel revenue dries up
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Cathay Pacific launches lifestyle brand as travel revenue dries up
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