SIA to spend US$13.8b on new Boeing aircraft
It agrees to place firm orders with US manufacturer for 39 planes, plus options, due for delivery from FY2020
Singapore
SINGAPORE'S flagship carrier intends to spend US$13.8 billion (S$19.5 billion) on 39 Boeing aircraft, to drive additional growth and fleet modernisation through the next decade, it said in an announcement yesterday.
Singapore Airlines (SIA) said it has agreed to place firm orders with the US airframe manufacturer for 20 777-9 aircraft and 19 787-10 aircraft.
The proposed order is valued at US$13.8 billion, based on published list prices, it said.
SIA said it signed with Boeing yesterday a letter of intent, which comprises the 39 firm orders, as well as six options for each aircraft type. The options, if exercised, will …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US core capital goods orders rise moderately in March
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises more than expected in April: Ifo
Indonesia’s central bank surprises with “pre-emptive” rate hike to cushion falling rupiah