Air, Business, Freight News, Logistics

SIA cuts capacity

[ February 23, 2012   //   Chris ]

Singapore Airlines Cargo says it has reduced its freighter capacity by 20% due to continued weak demand and high fuel prices. The carrier added that it was not optimistic about the near-term outlook. SIA Cargo, which currently operates 13 Boeing 747-400 freighters, has reduced flying hours of its aircraft.