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SIA confirms 96% capacity cuts, grounding 138 planes

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SIA is exploring ways to increase liquidity and reduce capital expenditure and operating costs amid the ongoing Covid-19 outbreak.

SINGAPORE Airlines (SIA) on Monday announced it is cutting 96 per cent of its planned capacity originally scheduled up to end April given further tightening of border controls around the world over the last week.

It is also exploring ways to increase liquidity and reduce capital...

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