Indonesia to Hold Rates as Covid Crisis Worsens: Decision Guide
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Indonesia to Hold Rates as Covid Crisis Worsens: Decision Guide
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Singapore Airlines sees Passenger Traffic Growth
ANI
28 Jun 2021, 15:37 GMT+10
By Lee Kah WhyeSingapore, June 28 (ANI): The last quarter has been a difficult one for the aviation industry as Southeast Asia s record COVID-19 case counts and new lockdowns have hampered reopening and travel plans.
Due to the spread of more contagious strains of the COVID-19 virus, many countries like Singapore, Malaysia, Thailand and Vietnam had to put their populations under varying degrees of movement restrictions or lockdowns.
This has affected the airlines in Southeast Asia severely and the future of some of them are uncertain.
Geneva-based IATA, the International Air Transport Association, in a report published earlier in June, said that although air travel is gradually increasing, it is still significantly lower than pre-COVID levels and the improvements have mostly been driven by domestic travel.