SINGAPORE (May 14): Amidst the collapse in air travel, Singapore Airlines (SIA) has plunged into a loss of $732.4 million in the fourth quarter ended March 31, from earnings of $202.6 million a year ago.

This led the national flag carrier to record a net loss of $212 million for the full year, versus earnings of $682.7 million previously.

The steep drop in passenger traffic also resulted in revenue declines for SIA.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook