Singapore Airlines to absorb regional wing SilkAir after upgrade

article author:

Author:

AFP

ID:

1526619811859452200

Fri, 2018-05-18 04:58

SINGAPORE: Singapore Airlines said Friday it will absorb its struggling premium wing SilkAir following a multimillion-dollar upgrade as part of a reform drive to stay competitive.
The move comes after the firm, facing tough rivalry in the high-end market from other full-service airlines and in economy class from budget carriers, last year consolidated its low-cost units TigerAir and Scoot into a single entity in a streamlining exercise.