Singapore - Singapore Airlines is halting some of its routes due to the border restrictions imposed by countries amid the Covid-19 pandemic.
With the latest suspensions, Singapore Airlines will only be able to operate half of its seating capacity. Given the growing scale of the border controls globally and its deepening impact on air travel, SIA expects to make further cuts to its capacity.
We have lost a large amount of our traffic in a very short time, and it will not be viable for us to maintain our current network. Make no mistake – we expect the pace of this deterioration to accelerate. The SIA Group must be prepared for a prolonged period of difficulty,
SIA's chief executive Goh Choon Phong said.
The Company is actively taking steps to build up our liquidity. The SIA Group will also consult the unions once again as it urgently takes steps to further cut costs. Additional measures will be announced when they have been firmed up.