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

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook