SIA Group Reports Record $4.3 Billion Loss – The Worst in its History

The Singapore Airlines (SIA) Group’s passenger traffic (measured in revenue passenger-kilometres) shrank 97.9% in the financial year ended 31 March 2021 from a year before. Group revenue fell by $12,160 million (-76.1%) year-on-year to $3,816 million due to the plunge in passenger flown revenue across Singapore Airlines, SilkAir and Scoot – the three passenger airlines […]

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