SINGAPORE Airlines (SIA) is cutting its flights to Australia, China, Europe and India by more than 200 due to plunging demand.
SIA has said that 214 flights in all would be cut between now and March. The carrier has already reported freight capacity declined by nine per cent in December 2008, while cargo traffic fell by 19 per cent.
“We want to make sure we match changes in capacity with the changes in demand that are occurring as a result of the economic slowdown,” said company spokesman Stephen Forshaw.
Flights to be cut include to Hong Kong, Shanghai, Guangzhou, Mumbai, New Delhi, Perth, Sydney, Brisbane, London and Zurich.
SIA’s net profit for the fiscal second quarter ending September fell 36.2 per cent from 2007.
