by Amruth Sundarkumar | Jun 2, 2021 | Corporates, Singapore Dollar Bonds
Days after Singapore Airlines (SIA) was questioned on its privatization plans from investor watchdog SIAS, the airline has clarified that it is not a matter for SIA to consider, given that it is a shareholder action. SIA added that the proceeds from its Mandatory...
by bondevalue | May 28, 2021 | Singapore Dollar Bonds
Singapore’s investor watchdog, Security Investors Association (SIAS) has questioned Singapore Airlines (SIA) if it has considered privatization in line with Singapore’s multi-modal public transport operator SMRT. The query comes after the airlines...
by bondevalue | May 20, 2021 | Singapore Dollar Bonds
Singapore Airlines (SIA) posted their second consecutive annual loss at S$4.3bn ($3.2bn), significantly wider than the S$212mn ($159mn) loss last financial year. The company suffered a S$1.7bn ($1.3bn) non- impairment charge on 45 surplus aircrafts. Group revenues...
by bondevalue | May 4, 2021 | Singapore Dollar Bonds
Singapore Airlines (SIA) said that it raised approximately S$2bn ($1.5bn) through sale-and-leaseback deals for 11 of its planes. The transactions involved 7 Airbus A350-900s and 4 Boeing 787-10s across four different lease arrangers. The transaction helps SIA boost...
