Singapore Airlines braces for hefty losses in Q1 as global travel hit by coronavirus

Singapore Airlines, consistently voted one of the world’s best airlines by Skytrax, is poised for another hefty quarterly loss after the coronavirus pandemic left it flying a tiny fraction of its usual number of passengers.The Singapore carrier warned this month that it expected a material operating loss in the first quarter of its financial year.It already suffered a record net loss of S$732 million (US$530 million) in the three months through March, when it was hit by fuel-hedging losses as…

Read the original article at South China Morning Post