Singapore Airlines is closing its Singapore office in Australia after its parent company Singapore Airlines said the company was not able to secure the necessary licenses for its Singapore branch.
Singapore Airlines will instead open a new Singapore office, according to the company, which will open this year.
The Singapore branch is located in the Australian capital, Canberra.
It is the first Singapore-based airline to be shut down in Australia, although several others have been closed for similar reasons in the past.
Last year, Singapore Airlines closed its Singapore offices, citing a lack of sufficient licenses.
After the company announced the closure of its Singapore headquarters, Prime Minister Lee Hsien Loong said it was not appropriate for Singapore Airlines to have a branch operating in Australia.
He said Singapore Airlines would move its operations to a new branch in Malaysia.
“The decision to close Singapore’s Singapore branch was not taken lightly and we do not wish to upset customers,” the Prime Minister said.
Lee added that Singapore Airlines was working hard to provide a safe and enjoyable experience for our passengers, staff and community.
Singapore’s Singapore Airlines said it would reopen its Singapore business office this week, according a statement from the company.
This is the latest in a string of closures across the world of Singapore airlines, whose stock has been in the red since the end of last year, when its shares were down 30 per cent.
Since then, Singapore’s government has announced plans to cut its budget by more than half, and have cut its profit by more then half, according the Financial Times.