Singapore Airlines Ltd. says it will no longer fly to Greece because of weak passenger demand.

The carrier, who has flown to Athens since 1972, said in a statement that its two weekly flights to Athens will end on October 26.
The reason for the decision comes as the company reported losses of $31 million in the first quarter as higher fuel costs and slowing demand growth hurts profits. Singapore Airlines is the world’s second-largest carrier by market capitalisation.