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SCOOT, an airline in the Singapore Airlines Group network, receives assistance through a policy package for the aviation sector that has been issued by the Singaporean authorities outside of cost control independently in anticipating the impact of the pandemic.
According to Scoot Chief Commercial Officer Calvin Chan said the pandemic had an unexpected impact on the aviation industry, including Scoot. The Singapore government has provided a number of assistance to the aviation sector through various policy packages.
“The Scoot party mentioned a number of these policy packages including providing wage subsidies, landings and parking fees, and leasing costs,” he said.
Calvin Chan added, not only from the government, in Internal Scoot, our efforts to tightly manage finances and reduce costs are to delay certain capital expenditures, tighten operational costs, and take other austerity measures, while closely monitoring the situation.
Calvin also projects that travel demand will likely be limited to important trips in the near future, so airlines must formulate new ways to do business and create new sources of revenue.
“Therefore, the low-cost airline explained that when almost the entire network was not operating, Scoot became one of the first airlines to start cargo-specific flights as an alternative source of revenue. Even using a fleet of narrow body aircraft or (narrow body) to carry cargo in the cabin in order to maximize transportation,” Calvin noted.
While for long-term passengers, he said, safety measures and policies that can reduce uncertainty and restore confidence are paramount. Scoot needs to consider this when making future plans. [bisnis.com/photo special]
