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

Wednesday, May 3, 2017 - 05:50

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.


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

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