Singapore Airlines Culls More Aircraft, Seeks To Raise $4.7B
Credit: Chen Chuanren
SINGAPORE—Singapore Airlines (SIA) has confirmed that the group will retire a total of 45 aircraft, twelve more than it previously announced in November 2020. It will also exercise the rights to raise S$6.2 billion ($4.7 billion) in mandatory convertible bonds to boost equity as the carrier...
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