Singapore Airlines report record full year loss
Singapore Airlines report record full year loss ANI 24 May 2021, 13:18 GMT+10 By Lee Kah WhyeSingapore, May 24 (ANI): In a year when the airline and travel industry were pulverised by the COVID-19 pandemic, Singapore Airlines (SIA), co-owner of India's Vistara airlines with Tata Sons, reported a record full-year net loss of SGD 4.27 billion (USD 3.21 billion). In what SIA called its "toughest year in history", revenue for the financial year which ended March 2021, fell SGD 12.16 billion (USD 9.14 billion) or 76.1 per cent year-on-year to SGD 3.82 billion. At an operating level, the Group lost...
Source: greekherald.com