Singapore Airlines to suspend services to Abu Dhabi, Athens
SINGAPORE, May 16 – Singapore Airlines Ltd (SIA) , which is struggling with weak load factors, said today it will suspend services to Abu Dhabi and Athens from Oct 26 due to weak demand.
SIA, the world’s second-largest carrier by market value, currently flies to and from Abu Dhabi three times a week. The Singapore flag carrier flies to the Greek capital twice a week, rising to thrice a week between early July and late September.
“The suspensions are in line with Singapore Airlines’ policy to match capacity to prevailing market demand,” the carrier said in a statement.
SIA said yesterday it carried 1.50 million passengers last month, down from 1.52 million in March. Its passenger load factor, however, edged up to 79.7 per cent from 79.5 per cent the month before.
Earlier this month, SIA reported an unexpected loss for the quarter ended March, dragged by weak demand and high jet fuel prices. It also warned that passenger yields would remain weak. – Reuters