Airhostesses inside a plane of Singapore Airlines in South Carolina, US. File/Reuters
Singapore Airlines warned passenger capacity may remain at less than half of pre-pandemic levels by its March 2021 year-end after slumping to a S$1.12 billion ($817 million) first-quarter net loss due to a sharp decline in demand.
The neighbours are also putting in place travel arrangements for their residents who hold long-term immigration passes for business and work in the other country, their foreign ministries said in a joint statement.
Singapore Airlines said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.
Global stocks rose and the dollar dipped on Friday after US Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world’s biggest economy.
Standing before the breathtaking beauty of the Balos lagoon in Crete on Friday, three German tourists couldn’t believe their luck at being there. “We searched for a location to go for our first holiday post-Covid and we...
Ajman Tourism Development Department (ATDD) will be participating in the twenty-eighth edition of the Arabian Travel Market (ATM) 2021, the leading global event for the travel and tourism industry, to held from 16th to 19th of May.