Money
Singapore Airlines records another profit slump
The aviation industry could be far from recovering with another airline posting massive losses
Singapore Airlines has posted its second-consecutive annual loss, which widened to a record $3.20 billion US dollars.
The airline’s loss was also far bigger than the $212 million annual loss in the prior financial year which was its first-ever dip into the red.
The airline said it expected passenger capacity to rise to 28% of pre-pandemic levels by June
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