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Fresh liquidity strengthens SIA's financial standing in crisis

But headwinds remain as international travel still remains largely on hold, analysts say

Nisha Ramchandani

Published Thu, Jun 11, 2020 · 09:50 PM

Singapore

HAVING successfully landed some S$10 billion in funding, Singapore Airlines (SIA) is on better financial footing as it awaits a recovery in air travel.

However, stiff headwinds persist for Singapore's flag carrier, given the lack of a domestic market to fall back on while international travel still remains largely on hold, analysts highlighted.