Aviation Singapore Airlines reports first loss in 48 years amid COVID-19 Updated : May 14, 2020 07:13 PM IST The ongoing COVID-19 pandemic has hit the aviation sector hard. In March, SIA group’s carriers posted a 60.4 per cent decline in passenger carriage. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.