Singapore Air Says Capacity Still a Challenge as Review Proceeds
- Cost efficient services are the focus now, CEO Goh says
- Employees “fully understand” the need for revamp, Goh says
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Singapore Airlines Ltd.’s chief executive officer said that surplus capacity in the industry remains a challenge and the marquee carrier’s focus continues to be on delivering cost-efficient services.
The group is in the midst of a review to fend off intensifying competition from Middle Eastern carriers at the premium end and low-cost operators at the budget end. The transformation may include job cuts, the company said in June, and two months later it offered its cabin crew three months of voluntary unpaid leave.