SINGAPORE, Apr 1 (NNN-CNA) – Singapore Airlines says, it will cut 96% of its capacity until the end of Apr, as international travel is hit by tightening of border controls to battle COVID-19.
The airline says, it will ground 138 planes out of its total fleet of 147 in the biggest challenge it has ever faced. It says, its low-cost unit, Scoot, will also suspend most of its network, grounding 47 out of its fleet of 49 aircraft.
The move came as Singapore announced it will completely shut its borders to all travellers from Tuesday, in a drastic move to slow the virus spread. The city state has recorded 455 cases with two deaths.
Singapore Airlines said, in a statement, that, it is unclear when it can resume normal services. It said, it is taking steps to build up its liquidity, while reducing operating costs and capital expenditure. It is also in talks to defer delivery and payment of new aircraft.– NNN-CNA
