Singapore Airlines to Retire Seven A380s Amid Record Loss
Singapore Airlines Group has posted a record SG$2.34 billion ($1.74 billion) Q3 loss, forcing the carrier to retire numerous aircraft and reduce other expenses. Running at only 11% of normal capacity, in the face of sweeping border closures, Singapore Airlines has reported a 98.6% fall in passenger numbers in September. The Group, which includes SIA, SilkAir and Scoot, will retire a total of 26 aircraft “deemed surplus to requirements” in addition to seven Boeing 777s being retired following the liquidation … Continue reading Singapore Airlines to Retire Seven A380s Amid Record Loss
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