SIA has the war-chest to see out the pandemic and a post-crisis price war: Analyst

Travel

After Singapore Airlines posted its first ever loss, aviation analyst Brendan Sobie says the firm has sufficient liquidity to weather the pandemic, even if the crisis continues for more than a year. He also predicts that an aggressive price-cutting environment will arise in markets like Southeast Asia when lockdowns start to ease, as cash-strapped airlines compete for passengers.

02:47

9 minutes ago

Products You May Like

Articles You May Like

Rogers and Shaw sign deal to sell Freedom Mobile in bid to unblock merger
Watch the earliest known detective film, featuring a very confused Sherlock Holmes.
Call of Duty: Modern Warfare II Beta Dates & Multiplayer Reveal Announced
A Summary and Analysis of ‘The Ebony Horse’ from the Arabian Nights
More BT and Openreach strikes will take place this month

Leave a Reply

Your email address will not be published.