Singapore Airlines, facing 'depressed' cargo outlook, cuts freighter capacity 20%
Singapore Airlines 747-400. By Rob Finlayson Singapore Airlines (SIA) Cargo president Tan Kai Ping said that "depressed demand ... across all markets gives us little reason to be optimistic about the near-term outlook," driving SIA Cargo to cut freighter capacity by 20%. SIA said it is not grounding...
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