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SYDNEY: Air New Zealand Ltd plans to draw on a NZ$900mil (US$596.34mil) government loan within days to help it weather the coronavirus pandemic after reporting its first annual loss in almost two decades.
The unilateral reopening of borders to Brunei and New Zealand is a “small, cautious” step that can resuscitate Changi Airport.
SINGAPORE (The Straits Times/ANN): The unilateral reopening of borders to Brunei and New Zealand is a "small, cautious" step that can resuscitate Changi Airport.
SINGAPORE: Singapore Airlines Ltd. has burned through half of the S$8.8 billion ($6.4 billion) it raised through share sales in just two months even as it cut costs and grounded most of its fleet, highlighting how carriers can keep incurring expenses even when planes are left idle.
SINGAPORE (The Straits Times/ANN): National carrier Singapore Airlines (SIA) is offering its cabin crew early release or retirement as it continues efforts to cut costs amid the Covid-19 pandemic.
MORE than 6,000 of the 27,000 staff from the Singapore Airlines (SIA) Group have taken no-pay leave of varying lengths to help the company cope with the collapse in air travel due to Covid-19.
SINGAPORE, Aug 9 (The Straits Times/ANN): More than 1,700 staff also sign up for volunteer positions and jobs in external organisations.
SINGAPORE (The Straits Times/ANN): Job cuts could be in the pipeline for Singapore Airlines (SIA), which is now overstaffed for current demand, experts said yesterday.
HONG KONG Aug 2 (SCMP): Hong Kong and Singapore’s airports are among 10 in the world with the largest number of grounded aircraft, reflecting the devastating effect of the Covid-19 pandemic on carriers Cathay Pacific and Singapore Airlines.
SINGAPORE: Singapore Airlines Ltd’s shares fell to their lowest price in more than 21 years after the carrier posted its biggest quarterly loss ever as the coronavirus wiped out travel demand.