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Will all be smooth-sailing in SIA's merger with SilkAir?

Aviation & Engineering

Will all be smooth-sailing in SIA's merger with SilkAir?

Benjamin Cher Published on Fri, May 25, 2018 / 12:16 PM GMT+8

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SINGAPORE (May 25): The plan to merge Singapore Airlines (SIA) and its subsidiary SilkAir was announced without much fanfare on May 18, a day after the release of the group’s results for the financial year ended March 31, 2018.

As part of the merger, over $100 million will be invested to upgrade SilkAir’s cabins with lie-flat seats in business class, as well as seat-back inflight entertainment systems in both the economy- and business-class cabins.

See: Singapore Airlines swings back to profitability with 4Q earnings of $181.8 mil; declares 30 cents final dividend