Singapore Airlines traffic plunges 20.2%
Singapore Airlines reported a record decline in passengers for February, a 20.2% year-over-year plunge to 1.2 million. RPKs fell 17% to 5.86 billion against just an 8.5% cut in capacity to 8.41 billion ASKs, lowering load factor 7.1 points to 69.7%. Cargo declined 15.2% to 473.7 million FTKs on a 7%...
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