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Singapore Airlines has 79% of fleet ready to capitalise on any demand increase -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Singapore Airlines planes are seen on Changi Airport’s tarmac, Singapore. December 8, 2020. REUTERS/Edgar Su

SYDNEY, Reuters – Singapore Airlines Ltd (OTC) Ltd currently has 79% of their fleet and the majority of the pilots and cabin staff active to allow it to quickly capitalize on any rise in demand. The airline’s chief executive stated this Friday.

Analysts and media were informed by him that 92% and 86% respectively of our cabin crew are now with us. At the current level of operation, 37% of our pre-COVID capability, rising to 43% in December; we’re quite happy with this rate of return.

SIA reported on Thursday that market conditions are improving following a smaller second quarter loss. This was due to record cargo revenue, cost-cutting initiatives and an increase in passengers from a low base.

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