Changi Airport, SIA not the only victims of industry downturn as trade war bites

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SEOUL - At Changi Airport, six SilkAir Boeing 737 Max aircraft have been grounded since March, the total freight handled every month continues to shrink year-on-year and growth in passenger traffic is starting to slow down.. Read more at straitstimes.com.

SEOUL - At Changi Airport, six SilkAir Boeing 737 Max aircraft have been grounded since March, the total freight handled every month continues to shrink year-on-year and growth in passenger traffic is starting to slow down.

A few weeks ago, national carrier Singapore Airlines reported that despite record revenues and passenger loads - the average number of seats filled per aircraft - profits for the year to end-March fell by 47.5 per cent to $683 million.Enjoy unlimited access to ST's best work Subscribe Now

 

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