Singapore Airlines Exhausts $6.5B From First Rights Issue

Singapore Airlines A350-900
Credit: Chen Chuanren
SINGAPORE—Singapore Airlines (SIA) has spent the remaining portion of the S$8.8 billion ($6.5 billion) rights issue the carrier first undertook during the pandemic in June 2020. In a stock exchange announcement, the flag-carrier said the $S600 million in funds were used in aircraft and aircraft...
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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