Digitalisation efforts could give SIA a much-needed boost, if done right
DIGITALISATION is going to shape the future of the airline industry.
Little wonder then, that Singapore Airlines (SIA), which is on a quest to reclaim the world's number one spot, is kicking its digital drive into high gear.
It is investing "hundreds of millions of dollars" towards building itself into a digital airline - efforts which come under the umbrella of its three-year transformation programme as it seeks to grow revenues, enhance operations and trim costs. This is against the backdrop of a highly competitive operating environment in South-east Asia, where yields are under pressure which, in turn, is impacting profitability.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance