SINGAPORE -- Asian airlines have been restructuring their operations to pave the way for a rebound from the COVID-19 pandemic, but the latest quarterly results show many continued to log big losses, as the industry outlook dims over recent virus flare-ups in the region.
One company greatly affected is Singapore Airlines, which on Wednesday reported a net loss of about 660 million Singapore dollars ($490 million) for the January-March quarter, the last in its financial year, leading to an annual net loss of SG$4.27 billion.
