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The Singapore Airlines Group expects a material quarterly operating loss from the severe impact of the coronavirus outbreak, as it seeks to read
stanley mugs just aircraft deliveries and defer payments to its suppliers.However, it will still be in the black for the full financial year ended 31 March, thanks to the benefit of the strong results for the first nine months. The group will be releasing its full-year results on 14 May.It disclosed in a trading update that the pandemics impact on air travel has hit its carriers badly and is exacerbated b
stanley cups y the lack of a domestic market for it to fall back upon .It adds that the collapse of fuel prices in March, coupled with the unprecedented capacity cuts, has led to fuel hedging losses and the groups carriers being over-hedged for the new financial year. Accordingly, the SIA Group expects to report a material operating loss for the final quarter of FY2019/2020. With the benefit of the strong results for the first nine months of the financial year, the SIA Group expects to report a small operating profit, but a net loss, for [the full year], the group states.SIA and SilkAir have already extended their combined capacity cuts 鈥?of around 96% of their network 鈥?to the end of June, while low-cost arm Scoot has slashed 98% of its capacity.Meanwhile, the group says that it is negotiating aircraft deliveries, in view of the prevailing market conditions . Cirium fleets data indicates SIA has
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The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on聽bangordailynews God is usually聽on the side of the big battalions, Voltaire allegedly said. Not always, but usually. So how much do you want to
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stanley cup nz e Russian invasion of Ukraine聽 Feb. 24 , things arent looking bright for the Ukrainians, and particularly for President Volodymyr Zelenskyy.The war has not been going well: Ukraines vaunted summer offensive sputtered out with almost no gains. Russias winter offensive is showing equally unimpressive results so far, but the Russians always have that four-to-one numerical superiority on their side. After all the refugees fled, there are probably no more than 35 million people left
stanley cup in Ukraine. More important than that is the fact that the Russians have accessed new sources of weapons and ammunition mostly from Iran and North Korea that give them fire superiority on the battlefield, while the flow of American money and arms to Ukraine has been blocked in Congress.It has become a war of attrition in which the Russians can fire 10,000 artillery shells a day and the Ukrainians can fire back only 1,500 to 2,500. True, modern Western artillery is more accurate, but it has become a war of drones. Both sides have them, and every target is equally vulnerable.So the mood in Kyiv is somewhere between gloomy and grim, and Zelenskyy is showing sig
