SIA Details Rights Issue Funds Spending, Lands Training Deal

Singapore Airlines
Credit: Nigel Howarth / Aviation Week
SINGAPORE—Singapore Airlines (SIA)—responding to an Aug. 20 Bloomberg report that claimed the flag-carrier had, in two months, “burned through” half of the S$8.8 billion ($6.4 billion) raised in a rights issue—said its spending has “always been extremely careful and judicious.” In a stock exchange...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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