AviationSingapore Airlines to let go 20% of its workforce as pandemic takes tollPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 Around 4300 employees are expected to lose their job... Read more
Aviation FeaturedSingapore Airlines raises $542 mn by securing its aircraftPritam BordoloiJuly 28, 2020July 28, 2020 by Pritam BordoloiJuly 28, 2020July 28, 2020 The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s... Read more
Aviation FeaturedThailand’s low-cost carrier NokScoot Airlines to enter liquidationPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020 The carrier is expected to hold a meeting on July 14 with regard to the dissolution and to also appoint a liquidator... Read more
Aviation FeaturedSingapore Airlines secures additional $1 bn in credit facilitiesPritam BordoloiJune 8, 2020 by Pritam BordoloiJune 8, 2020 This is in addition to the $6.32 bn it raised from a rights issue, to deal with the COVID-19 crisis... Read more
Aviation FeaturedSingapore’s Temasek eyes stake in troubled Virgin AtlanticPritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group... Read more
Aviation FeaturedMidEast and APAC aviation sector to lose $36.4 bn in revenuePritam BordoloiMay 5, 2020 by Pritam BordoloiMay 5, 2020 The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)... Read more
Aviation FeaturedSingapore records the highest number of grounded flightsInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 Singapore has 205 flights stationed while Hong Kong has recorded 178... Read more
Aviation FeaturedSingapore Airlines raises S$19 bn to survive the coronavirus crisisInternational Finance Business DeskMarch 27, 2020 by International Finance Business DeskMarch 27, 2020 The airlines’ biggest shareholder Temasek will underwrite the sale of shares and convertible bonds for up to S$15 bn... Read more
Aviation FeaturedSingapore Airlines and Japan’s ANA sign deal to improve connectivityPritam BordoloiJanuary 31, 2020January 31, 2020 by Pritam BordoloiJanuary 31, 2020January 31, 2020 The deal will also focus on flights between Japan and Singapore, Malaysia, Indonesia, India and Australia... Read more
Aviation FeaturedSingapore Airlines to buy Boeing jets to stay competitive in IndiaPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The carrier competes with the likes of Etihad and Emirates in India through its JV Vistara... Read more