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 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
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
Asia /  Southeast Asia

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

Topic |   Coronavirus pandemic
Bloomberg
Bloomberg

Updated: 6:59pm, 6 May, 2020

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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 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
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
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