“With travel demand practically zero, airlines are bleeding,” said International Air Transport Association spokesman Albert Tjoeng.
“The job support scheme should enable the SIA Group, Jetstar Asia and other types of companies in Singapore's aviation industry such as handling companies, catering companies and others, to maintain headcount, ensuring flying can quickly recover to pre-crisis levels when demand returns,” said the former chief analyst for the CAPA - Centre for Aviation.
“Given the strong link and interdependence between aviation and aerospace, we hope that the Government will also consider extending additional support to our sector as well,” he added. “This amount of money they’re raising is staggering. It’s a lot,” said Professor Wirtz, who has co-authored two books on SIA.