SINGAPORE - Singapore Airlines Ltd announced on Monday that it would cut capacity by 96% and ground almost all of its fleet in response to coronavirus travel restrictions that the carrier said was"the greatest challenge" it had ever faced.
The move comes as global travel hub Singapore closed its borders to travellers and transiting passengers in an effort to stem the spread of the virus. "This will result in the grounding of around 138 SIA and SilkAir aircraft, out of a total fleet of 147, amid the greatest challenge that the SIA Group has faced in its existence," Singapore Airlines said in a statement announcing the cut in planned capacity scheduled up to end April.
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