JAKARTA: One of the high-fliers in the airline industry, Singapore Airlines Ltd, is now struggling to stay airborne due to the Covid-19 (coronavirus) pandemic, and this spells trouble for Singapore's air hub status, which is closely tied to the destiny of its national carrier.
The Singapore Airlines Group, comprising Singapore Airlines as a premium airline, its regional sister airline SilkAir (Singapore) Pte Ltd and budget carrier Scoot Tigerair Pte Ltd., recently announced its first ever net loss in its 48-year history.
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