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Singapore Airshow: Stifled by pandemic, but a sign aviation's recovery has 'finally started'? - Vimarsana News

Singapore Airshow: Stifled by pandemic, but a sign aviation's recovery has 'finally started'?

Compared to past editions, this year's Singapore Airshow was a markedly muted affair. The biennial event — held since 2008 — has typically been among the most highly anticipated aviation trade fairs in the region, with aircraft and weapons manufacturers, airline executives, officers and industry experts all descending for a week onto a vast hanger near Changi Airport. Ascendant airlines...

Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels - Vimarsana News

Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels

HONG KONG: Beleaguered Hong Kong carrier Cathay Pacific's passenger capacity is forecast to remain at just 2% of pre-pandemic levels, hampered by the city's strict Covid-19 travel curbs, while rivals such as Singapore Airlines recover to almost 50%.

 - Vimarsana News

KUALA LUMPUR -- AirAsia sees brighter skies ahead after Malaysia lifted interstate travel restrictions, with the low-cost carrier also pushi

Source: nikkei.com
Garuda paints grim picture amid restructuring - Vimarsana News

Garuda paints grim picture amid restructuring

Indonesia’s embattled flag carrier Garuda has revealed the dire extent of its downsizing of operations as it urgently seeks to restructure its business and stem losses, and may need to consider a future largely focused on domestic flying.

Virus-hit Singapore, Airlines report biggest annual net loss - Vimarsana News

Virus-hit Singapore, Airlines report biggest annual net loss

Virus-hit Singapore, Airlines report biggest annual net loss May 19, 2021 Singapore’s national airline reported Wednesday its worst annual net loss of $3.2 billion in the aftermath of the “toughest year in its history” due to the corona-virus pandemic. The airline industry has been hammered hard by recurring waves of infections worldwide which have grounded air travel as governments restrict movement to halt the surges. Singapore Airlines (SIA) said late Wednesday that it suffered a net loss of Sg$4.3 billion ($3.2 billion) for the financial year ended March 31, widening the previous ye...