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Friday, December 9, 2022

By reopening the Japan and India routes, SIA gets closer to its pre-pandemic capacity

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Because of the rebounding travel demand, Singapore Airlines (SIA1) (SINGY) is adding additional services and approaching pre-pandemic capacity.

By the end of October 2022, the flag carrier promised to increase services to Japan and restore its Indian network to pre-COVID levels. By December 2022, Singapore Airlines (SIA1) (SINGY) also announced it would increase service to Los Angeles, Paris, and Vancouver while extending direct service during the winter months.

By the end of December 2022, the Singapore Airlines Group, which also includes the low-cost airline Scoot, would have increased to 81 percent of its pre-pandemic levels, according to a statement released on July 5, 2022 by Singapore Airlines (SIA1) (SINGY).

Singapore Airlines (SIA1) (SINGY) stated that it anticipated group capacity to reach 61 percent of pre-COVID levels in its fiscal first quarter (ending in June) and 67 percent in the second quarter when it released its full-year financial results in May.

Japan is an important market for the company, according to JoAnn Tan, Senior Vice President of Marketing Planning, while travel to and from India is in “strong demand” on Singapore Airlines (SIA1) (SINGY).

“The SIA Group will closely monitor the demand for air travel and adjust its services accordingly,” Tan commented

Changi Airport in Singapore, which is in the process of restoring some of the hubs, anticipates that in the winter of 2022–2023, passenger volume would return to pre-pandemic levels.

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