Airlines could require as much as US$200 billion in government aid and bailout measures this year to survive, according to the International Air Transport Association. Photo: AFP
Singapore Airlines’ shares surge amid easing of coronavirus lockdowns from Italy to the US
- Its share price, adjusted for the planned rights issue, soared as much as 21 per cent, the most since October 1987
- Airlines could require as much as US$200 billion in government aid and bailout measures this year to survive
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Coronavirus pandemic
Airlines could require as much as US$200 billion in government aid and bailout measures this year to survive, according to the International Air Transport Association. Photo: AFP