Singapore Airlines opts for more 777Xs as it defers orders

Singapore Airlines has opted for more 777Xs as it defers over S$4 billion in orders from Airbus and Boeing.

As a result of the new agreements, some of the aircraft in the SIA Group’s order book will be delivered over a longer period than originally contracted, with the delivery stream spread out beyond the immediate five years.

This says the airline will enable it to defer more than S$4 billion of capital expenditure
between FY20/21 and FY22/23 to later years.

“It would also recalibrate the rate of introduction of capacity, following the disruption to the demand for air travel as a result of the read more ⇒

Source:: AirlineRatings.Com

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