Singapore Airlines narrows quarterly losses by leaning on cargo revenue
Feb 08, 2021
Singapore, February 8 : Increased flights and lower write-downs resulted in Singapore Airlines (SIA) reporting lower losses of SGD 142 million (USD 106 million) in its fiscal Q3 which ended December 31, 2020. This compares favourably with the huge SGD 2.34 billion (USD 1.75 billion) net loss it incurred in the previous quarter.