Up close with a Singapore Airlines A350 at Seattle-Tacoma. (Photo: AirlineGeeks | Katie Bailey)

Singapore Airlines Set to Receive State Aid

Singapore's Finance Minister Heng Swee Keat announced on Thursday that the carrier is considering a corporate action with the support of Temasek Holdings, its state-owned majority stakeholder. Heng also stated that the action "will be announced in due course." "We will make sure SIA comes out of this in good shape. Ultimately, this is about preserving our air hub for it to emerge stronger from this crisis," Keat added. In the early hours of Thursday, SIA stock trading was halted…

U.S. Airline Stocks Plummet After United Airlines Unveils Expansion Plan

Major airline stocks took a hit on Wednesday due to fears that United's new expansion plan will undercut prices and profits. The stocks belonged to airlines such as American, Delta, Southwest and even United itself. United's new plan, announced by President of United Airlines Scott Kirby, states that the airline is…