Tag downsizing

Airlines

SAS warns of radical downsizing if strike continues

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Scandinavian carrier SAS warns that it will have to radically downsize its operations and fleet, and even sell strategic assets if the pilot strike continues much longer. The strike, which started on July 4, has already cost the airline some SEK…

Richard Schuurman
July 14, 2022

Airlines

SIA prepares for downsizing – future A380 uncertain

Singapore Airlines has ended its Q1 for fiscal year 2021 at a $-1.123 billion net loss as it saw traffic collapse by 99.6 percent, the airline reported on July 29. SIA is evaluating additional measures to adjust the size of…

Richard Schuurman
July 29, 2020