(Answered) : Sia Lost Market Share Needs New Strategy Since 2014 Number Passengers Sia Carried Barely G Q30856767

June 27, 2024| admin| 0 Comment| 6:53 pm

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SIA has lost market share and needs new strategy

Since 2014, the number of passengers SIA carried has barelygrown, even though Asia-Pacific passenger demand rose some 11 percent and carrier capacity grew by only 8 per cent. SingaporeAirlines (SIA) has just released a disappointing set of financialresults, reporting a group net loss of $138 million for the mostrecent quarter. Passenger yield per kilometre dropped by almost 5per cent. This negative news led the company’s shares to plummet bymore than 7 per cent.

The challenges to the group are coming on all fronts. Low-costcarriers are putting the squeeze on conventional point-to-pointtravel connecting cities

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(Answered) : Sia Lost Market Share Needs New Strategy Since 2014 Number Passengers Sia Carried Barely G Q30856767

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