Singapore Airlines Cuts Capacity By 10%, Freezes Hiring As Virus Takes Toll
Click Like to Follow Fliegerfaust Facebook page to get the News ASAP / Share to share this post now.
February 25, 2020 - by Aradhana Aravindan in Singapore; writing by Jamie Freed; Editing by Himani Sarkar for reuters.com
SINGAPORE (Reuters) - Singapore Airlines Ltd has cut nearly 10% of its capacity, frozen recruitment for ground positions and deferred spending as it deals with lower demand due to the coronavirus outbreak, according to an internal memo seen by Reuters.
Travel demand has been hit due to the virus and also as governments imposed curbs on movement to contain the epidemic, forcing airlines to cancel thousands of flights.
Hong Kong-based rival Cathay Pacific Airways Ltd has cut 40% of capacity across its network due to...
- Israeli air force leaning toward upgraded F-15 over F-35 for next ... ›
- Man Claiming To Have Coronavirus Forces Plane To Return To ... ›
- New Microsoft Flight Simulator - FliegerFaust ›
- Coronavirus Triggers Boom In Private Jet Inquiries - FliegerFaust ›