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

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Published Tue, May 2, 2017 · 09:50 PM

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    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 bonds to meet capital expenditure needs, analysts say.

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