Highlights

Singapore Airlines Plans to Cut Around 4,300 Jobs

 Publish date: Thu, 10 Sep 2020, 6:48 PM

SINGAPORE Airlines Group will cut around 4,300 positions due to the "long road to recovery for the global airline industry," according to a statement to the exchange.
 
Singapore Airlines reiterates that it expects to operate under 50 per cent of its capacity at end of financial year 2020/21 compared to pre-Covid levels.
 
The group will cut positions across Singapore Airlines, SilkAir and Scoot.
 
Discussions have started with Singapore-based unions and Singapore Airlines will finalise the arrangements as soon as possible for those affected.
 
 
 - Bloomberg

 

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