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Singapore Airlines' Financial Performance Results In Profit At Year End

In terms of Singapore Airlines’ revenue (total money received), the company has made a total revenue of 17.7748 billion Singapore dollars. This is a

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Airlines have little choice but to not be airlines for a few years » Borneo Bulletin Online

April 5, 2021
Faizal Yahya
SINGAPORE (CNA) – We will fly again. It just might happen much later for most of us, in 2024 and beyond.
Despite the roll out of vaccines and the opening of economies, the patchy global coverage in vaccinations and the spike in infection rates of COVID-19 in various countries indicate it will be some time before air passenger travel returns to 2019 levels.
The International Air Transport Association (IATA) forecast that in an optimistic scenario the air travel market would reach 38 per cent of 2019 levels in 2021 and airlines would spend USD75 billion over the year to maintain operations.
In a pessimistic scenario, the air travel market would only amount to 33 per cent of 2019 levels and airlines would spend USD95 billion. To complicate matters, the recovery will vary across regions. An Aviation Forecast Report by the global consulting service company ICF found that 60 per cent of their respondents polled in Asia thought the region will see full recovery in less than 12 months.

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Commentary: Airlines have little choice but to not be airlines for a few years

Commentary: Airlines have little choice but to not be airlines for a few years
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

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Some Airlines Try to Be More Than Just Airlines to Make Up for Financial Hit

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
From an aircraft housing a restaurant on the tarmac and Hello Kitty flights to nowhere, to home delivery of chef-prepared meals in a box and sightseeing flights over the Australian Outback and Antarctica, or an airline CEO delivering your food order, some global airlines are getting creative and thinking outside the box in order to generate revenue lost to a monumental decrease in flying due to the coronavirus pandemic.
The industry as a whole continues looking for ways to stay afloat until demand returns, ever since the pandemic brought the airline industry to a standstill a year ago,

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Singapore Airlines Opens Training Facilities To Local Business

Singapore Airlines Opens Training Facilities To Local Business
simpleflying.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from simpleflying.com Daily Mail and Mail on Sunday newspapers.

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