SIA cost cuts continue as S$15b from cash call must 'last as long as possible'

Nisha Ramchandani

Published Mon, Mar 30, 2020 · 09:50 PM

Singapore

WITH no certainty as to when the Covid-19 outbreak will abate, Singapore Airlines (SIA) will continue to press ahead with cutting spend, even after announcing a S$15 billion cash call last week.

Employees will be allowed to take on temporary positions outside the group, however, as it implements previously announced measures such as salary cuts and compulsory no pay leave for staff, according to a note to employees from its chief executive officer.

In the note seen by The Business Times, chief executive Goh Choon Phong told staff that while the S$15 billion in funding has provided SIA with "a critical lifeline",…