SIA Injects $235 million Into New Medium-Haul LCC
Singapore Airlines (SIA) has capitalized its new low-cost medium-haul carrier at SG$283 million ($235 million). It has issued and bought 283 shares in New Aviation at SG$1 per share, SIA tells the Singapore stock exchange. New Aviation, a wholly owned subsidiary of SIA, is the name of the company...
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