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Looking ahead, SIA says the resurgence of Covid-19 infections and the spread of more transmissible strains of the virus will continue to weigh on international air travel. Nevertheless, the airline expects to see a measured expansion of the passenger network over the coming months in line with Singapore’s progressive re-opening of its borders. “We will continue to monitor the status of travel restrictions and adjust our capacity accordingly to meet the traffic demand,” it says in a Feb 4 statement. On Feb 4, SIA closed flat at $4.17 with 3.7 million shares changed hands.