You are here

SIA may land in unusual net-debt spot as soon as 2018

Wednesday, May 3, 2017 - 05:50

BT_20170503_NSSIA3_2868461.jpg
SIA, which has US$53 billion of aircraft on order, expanded a medium-term note programme by two thirds to US$5 billion in April and said it intends to "proactively" take on more debt in future.

Singapore

A RECORD plane-buying spree is poised to land Singapore Airlines Ltd (SIA) in an unfamiliar territory.

South-east Asia's biggest carrier is expected to turn to a net-debt position as early as 2018 - for the first time in 13 years - as the company borrows money and sells

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom