There was an announcement made on Monday (23 Mar) where the airline announced that it will be reducing 96% of its capacity which was originally scheduled up to the end of April, grounding 138 out of 147 SIA and SilkAir planes.
But that’s not all, as it looks like things may get worse, as SIA called a halt to the trading of its shares on Thursday (26 Mar). Singapore Airlines Ltd has gone into a rare trading halt “pending an announcement”, reported Reuters on Thursday (26 Mar).
Many has predicting that there will many global airlines are set to go bankrupt due to travel restrictions brought on by the pandemic. Hopefully we will see some glimpse of light a new support measures for workers, businesses and households in response to Covid-19 that’s to be revealed by Finance Minister Heng Swee Keat on Thursday (26 Mar) will help it out.
We’re really don’t want to see this ending to our national airlines and we looking forward to see the Singapore girl in the air again, someday.