SIA and Scoot to resume flights from Changi to five cities in China from Nov 26
$SIA (C6L.SG)$ Singapore Airlines (SIA) will resume flights to four cities in China from Nov 26, while budget carrier Scoot will relaunch its Singapore- Changsha route. All five routes had been halted in 2023. SIA will roll out services between Singapore and four destinations – Chongqing, Chengdu, Shenzhen and Xiamen – which had been suspended for regulatory reasons.
The demand for air travel services is getting better but the SIA stock is targeted for short selling. Singapore weak economy and high inflation rate are also possible reasons for the slump.
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The flag carrier’s thrice-weekly return flights to Chongqing will begin on Nov 26, along with a new daily return service to Shenzhen.
A daily return flight to Xiamen will also start on Dec 3.
SIA will fly four round trips to Chengdu a week between Dec 3 and Dec 31. This will be upped to a daily service between Jan 1 and 29, 2024, before being reduced to thrice-weekly return flights from Jan 31, as the airline monitors demand.
The flag carrier’s thrice-weekly return flights to Chongqing will begin on Nov 26, along with a new daily return service to Shenzhen.
A daily return flight to Xiamen will also start on Dec 3.
SIA will fly four round trips to Chengdu a week between Dec 3 and Dec 31. This will be upped to a daily service between Jan 1 and 29, 2024, before being reduced to thrice-weekly return flights from Jan 31, as the airline monitors demand.
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