The Sin­ga­pore Air­lines Group (SIA) is cut­ting 4,300 jobs due to the Coro­na cri­sis. In the 2020/21 finan­cial year, the group will be able to offer less than 50 per­cent of its orig­i­nal capac­i­ty planned before the pan­dem­ic, the com­pa­ny announced. In addi­tion, there are fore­casts that pas­sen­ger traf­fic will not return to the pre­vi­ous lev­el until 2024. Mea­sures such as a hir­ing freeze, vacan­cy not being filled, an ear­ly retire­ment pro­gram and a vol­un­tary exit sys­tem would have made it pos­si­ble to cut around 1900 jobs.

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