SIA burns half of $8.8b raised in 2 months with more fuel hedging losses to come - The Online Citizen

Bloomberg reported that Singapore Airlines has already burned through half of the S$8.8 billion it raised through share sales earlier in just two months. It shows that SIA keeps incurring expenses even as its planes are grounded. Of the S$4.4 billion spent since mid-June, SIA reported: (a) S$1.1 billion has been applied towards the funding […]

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