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Singapore Airlines expects 2023 airfares may decline as rivals add capacity

Por: CNBC Business November 07, 2022

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A Singapore Airlines Boeing 777 aircraft seen flying over London.Nicolas Economou Nurphoto Getty Images expects passenger yields, a proxy for airfares, could decline in 2023 as rival airlines bring back planes idled during the pandemic and add capacity, a senior executive said on Monday.We would not expect yields to stay at the same elevated levels we were at in 2022, SIA Executive Vice President Commercial Lee Lik Hsin told analysts and media... + full article



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