Singapore Airlines Mulls Second Liquidity Boost

Singapore Airlines A350
Credit: Singapore Airlines
Singapore Airlines (SIA) is weighing its option to raise another S$6.2 billion ($4.6 billion) in mandatory convertible bonds (MCB) as it burns through S$300 million in cash monthly amid slower than expected recovery. This comes as the carrier injected 3% more capacity from November to 16% of 2019...

Subscription Required

 

Singapore Airlines Mulls Second Liquidity Boost is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.