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Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end

Singapore Airshow

(Reuters) - Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the skies after the easing of COVID-19 curbs.

The upbeat forecast from the city-state's flag carrier on Tuesday underscores the airline industry's recovery in 2022 after two years of pandemic-constrained travel, although a surge in crude prices to record highs could pose risks to the outlook.

SIA said it would increase services across Japan and expects to operate there at 62% of its pre-COVID operating capacity by October-end. The airline also expects its operating capacity in India to return to pre-pandemic levels around the same time as it restores its network in the country.

The airline added that it would have more flights to Los Angeles and Paris by December.

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SIA had in May forecast a recovery in passenger capacity after Singapore lifted all daily arrival quotas and allowed fully-vaccinated travellers to enter the country without the need to quarantine or take an on-arrival test for COVID-19.

(Reporting by Indranil Sarkar in Bengaluru; Editing by Aditya Soni)