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WITH HOPES that their season in hell could be approaching an end, airline stocks are on a tear.
BENGALURU: Singapore, Thailand and Malaysia drove stock market gains in Asia on Tuesday after results from a late-stage COVID-19 vaccine trial fuelled optimism about the easing of global restrictions, which should help the region's tourism- and trade-dependent economies next year.
SINGAPORE: Singapore Airlines Ltd plans to raise more liquidity after posting its biggest quarterly loss on record as the coronavirus decimated travel demand and charges from fuel hedging and fleet impairment weighed on its bottom line.
SINGAPORE: Singapore Airlines Ltd posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line.
RECOVERY in the airline industry is delayed with new Covid-19 cases across the globe.
TOKYO: Japan's ANA Holdings Inc on Tuesday said it will retire more than a tenth of its mostly Boeing Co fleet and delay two aircraft orders to help rein in costs and survive a collapse in air travel caused by coronavirus travel restrictions.
SINGAPORE: Whether it’s chartering a private jet for a flight to nowhere or hiring a luxury yacht, some in Singapore are going to extraordinary lengths to cure the cabin fever that’s set in as a result of the Covid-19 pandemic.
HONG KONG: They’re both pillars of their economies, highly regarded by customers and totally reliant on international travel. They’re also in deep financial strife and shedding thousands of jobs because of the virus crisis.