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A Singapore Airlines A350 performing the inaugural flight from Seattle. (Photo: AirlineGeeks | Katie Bailey)

Singapore Airlines Posts Heavy Losses Over Ineffective Fuel Hedging

Last week Singapore Airlines posted the first full-year loss of its almost 50-year history amid a collapse in demand due to the COVID-19 pandemic and some heavy losses on its fuel hedging policy. The airline recorded a net loss of 212 million Singapore dollars ($149.1 million) for the fiscal year ending on March 31. This compares to a 683 million Singapore dollar profit for the previous 12-month period. On March 24, the small country of Singapore prohibited all short-term visitors…

ANA Takes Delivery of First Airbus A380, Becomes Last New…

All Nippon Airways, commonly known as ANA, took delivery of its first Airbus A380 on Wednesday at the Airbus Delivery Center in Toulouse, France, becoming the first Japanese operator of the double-decker aircraft. The aircraft delivered was the first of three ANA orders for the A380, inherited by the airline…