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Singapore Airlines aims for regional dominance as rivals pull back

Singapore Airlines aims for regional dominance as rivals pull back Toggle share menu Advertisement Singapore Airlines aims for regional dominance as rivals pull back A Singapore Airlines Airbus A330-300 plane takes off behind a Boeing 787-10 Dreamliner at Changi Airport on Mar 28, 2018. (File photo: Reuters/Edgar Su) 08 Jul 2021 12:17PM Share this content Bookmark Singapore Airlines (SIA), flush with US$16 billion (S$21.6 billion) raised since the start of the COVID-19 pandemic thanks to help from Temasek Holdings, 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 and Dubai s Emirates. Indeed, Prime Minister Lee Hsien Loong last year said the government would spare no effort to ensure SIA made it through the pandemic.

Singapore Airlines, which is rich in money, wants to gain regional dominance as its opponents are pushed back by Reuters

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.

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