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Singapore Airlines reports nearly $150 million virus loss
AFP
| 2020/05/15 | 258 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Singapore Airlines reported an annual loss of almost $150 million Thursday, driven by the collapse in air travel caused by the coronavirus pandemic, and the latest sign of the outbreak's devastating impact on the aviation sector.The airline group -- which includes subsidiaries SilkAir and Scoot -- suffered a net loss of Sg$212 million (US$148 million) for the financial year that ended on March 31, compared to a profit of Sg$683 million last year.The city-state's flag carrier lost Sg$732 mill...(…)
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