SIA’s shareholder implores to stop fuel hedging practice; says SIA’s situation will not change if CEO Goh Choon Phong doesn’t resign - The Online Citizen

Previously in May, Singapore Airlines (SIA) reportedly had lost S$212.0 million for the FY19/20 financial year ending on 31 March 2020, which marks the first full-year loss in the airline’s 48-year history. This was due in part to the US$638 million in charges on failed oil hedges. What’s more, Bloomberg reported on 21 August that […]

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