Singapore Airlines (SIA) will be the world’s first airline to pilot the International Air Transport Association’s (IATA) Travel Pass mobile application for digital health verification, starting with passengers travelling from Singapore to London from 15 to 28 March 2021. A SIA press statement says that this marks the second phase of its digital health verification […]

Singapore Airlines (SIA) has raised SGD 10 Billion of liquidity through its recent Rights Issue, as well as a mix of secured and unsecured credit facilities. This puts SIA on a steady footing as it tackles the challenges posed by the global Covid-19 outbreak. A SIA statement says the airline secured SGD 8.8 billion in […]

Singapore Airlines Limited (SIA) will offer all shareholders SGD 5.3 billion in new equity and up to a further SGD 9.7 billion1 through a 10-year Mandatory Convertible Bonds (MCB). Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity in the Company’s balance sheet. SIA […]