Funding to Help Singapore Changi Airport Survive

TTR Weekly are reporting that the Ministry of Transport in Singapore has set aside SGD870 million (approx £468.8 million / US$657.6 million) as part of the OneAviation Support Package in the 2021 budget.  The Singapore government has recognised the importance of the aviation sector to their economy and hope that the package will enable companiesContinue reading “Funding to Help Singapore Changi Airport Survive”

Garuda Indonesia in Merger After $1 Billion Loss

Garuda Indonesia, the flag carrier airline, has reported a US$1.09 billion (£820 million) loss for the first 9 months of 2020. Garuda Indonesia to Shed 700 Jobs Last week the Indonesian Government announced plans to form a new holding company for 9 state-owned companies, including Garuda, to create operational efficiencies and to provide more attractiveContinue reading “Garuda Indonesia in Merger After $1 Billion Loss”

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