Singapore Airlines posts record S$2.34 billion loss in Q2 on pandemic impact

Singapore Airlines posts record S$2.34 billion loss in Q2 on pandemic impact

6/11/2020 2:09:00 PM

Singapore Airlines posts record S$2.34 billion loss in Q2 on pandemic impact

SINGAPORE — Singapore Airlines Ltd on Friday reported a record S$2.34 billion net loss for the July-September quarter, dragged down by a pandemic-induced fall in passenger traffic and impairment charges on the carrying values of older generation aircraft.

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Not desirable to move ministers after less than a year, but situation ‘can’t be helped’: PM Lee

SINGAPORE — It is not desirable to give Cabinet ministers short stints in their portfolios owing to the disruption it can cause, but such moves are sometimes necessary, Prime Minister Lee Hsien Loong said on Friday (April 23).

Loss ? What's? My money's are, had saved. Thanks to China virus