SINGAPORE -- Asia's major airlines are restructuring their operations and bolstering their finances to smooth the way for a return to profitability or at least gain some resilience amid a pandemic that shows no sign of letting up.
In the latest batch of financial results released through last week, most of the region's largest airlines by market value reported big net losses for the July-September quarter, with Singapore Airlines reporting a record loss of 2.34 billion Singapore dollars ($1.73 billion).
