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Singapore Airlines Plans to Cut Around 4,300 Jobs

Singapore Airlines Plans to Cut Around 4,300 Jobs

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% of its capacity at end of financial year 2020/21 compared to pre-Covid levels.
  • Group will cut positions across Singapore Airlines, SilkAir and Scoot.
  • Discussions have started with Singapore-based unions and Singapore Airlines will finalize the arrangements as soon as possible for those affected.

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