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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.
SINGAPORE (The Straits Times/ANN): Singapore Airlines (SIA) will be taking more drastic measures to rein in costs, including bigger pay cuts for the management, a 10 per cent salary reduction for other staff, and early retirement for ground staff and pilots.
SYDNEY: Singapore Airlines Ltd on Wednesday reported a S$1.123 billion ($816.73 million) first-quarter net loss after drastically cutting capacity due to the decline in demand and travel restrictions associated with the coronavirus pandemic.
Revenue may slump 87% due to a 96% drop in capacity