SINGAPORE (Mar 13): Since the beginning of the Covid-19 outbreak in Singapore, Singapore Airlines (SIA) has suffered a 22% plunge in share prices, tracking the broad-based decline in flight counts and passenger volumes. 

With the pandemic spreading rapidly across Europe, Italy and the US, SIA is set for a tough time ahead. SIA’s mainline and SilkAir have cuta total of 15.6% of available seat kilometre capacity, due to the demand in contraction. 

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