Singapore Airlines Culls More Aircraft, Seeks To Raise $4.7B

SIA 777-300ER
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...
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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