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Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes

Reuters2021-02-09

Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.

It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.

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Comment72

  • Saintrade
    ·2021-03-01
    Model ofair transport got to change. This Covid-19 is the revolution transition period.To progress is to make all means necessary changes.
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  • Fredwkh
    ·2021-02-16
    Pls like for coins
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  • Yongi
    ·2021-02-15
    can buy low now.. but have to hold for very long before it became profitable 
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  • Chimmy
    ·2021-02-14
    As a Singaporean, SQ would not die as the government would pump in $$$ to prop them up as its the national airline and a matter of pride to the country.SQ is famed for keeping their fleet young and this deferment is usual as the world grapples with borders restrictions and controlled air travel
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  • AndrewWol
    ·2021-02-10
    Wow
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  • IcelemonT
    ·2021-02-10
    ?
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    • V1p3r32
      [开心]
      2021-02-10
      Reply
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  • HengKuan
    ·2021-02-10
    Good share
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  • MicroStrategist
    ·2021-02-10
    Go SIA!
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  • James3128
    ·2021-02-10
    ??
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  • MaxLYT
    ·2021-02-10
    Prudent conservative approach will help them save cash
    Reply
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  • ahmi
    ·2021-02-10
    SIA ??
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  • Sorcerer1977
    ·2021-02-10
    Wise decision...
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  • Youji
    ·2021-02-10
    Halo 
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  • PCWJ
    ·2021-02-10
    Not much choice is there? 
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  • SSVC
    ·2021-02-10
    Right thing to defer spending till recovery in sight.
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  • Lty1098
    ·2021-02-10
    Lets see how it goes
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  • keithwb
    ·2021-02-10
    Gg
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  • Hartanto
    ·2021-02-10
    Please comment. Thanks.  
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  • Kelvinyoon26
    ·2021-02-10
    Good moves
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  • Atwosome
    ·2021-02-10
    Prudent move to cut unnecessary spending when current fleets are under ustitize.
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