SIA rolls out aggressive capacity injection as competition heats up

Passenger yields have been on a tailspin.

Asia’s marquee airlines are warning tougher competition is squeezing them, according to a report by Bloomberg.

Singapore Airlines Ltd. said Thursday passenger yields—a key measure of profitability in the industry—remain under pressure amid "aggressive capacity injection." Yields declined to their lowest in more than six years in the first quarter. The stock fell 1.6 percent at the start of trading in Singapore Friday.

Read the full report here.

Photo: IanC66/Shutterstock.com

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