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SIA to defer over $4 bil of capex on aircraft delivery agreements

Felicia Tan
Felicia Tan • 2 min read
SIA to defer over $4 bil of capex on aircraft delivery agreements
The delivery stream will be spread out beyond the immediate five years.
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Singapore Airlines (SIA) has managed to defer over $4 billion of capital expenditure (capex)between FY2020/2021 and FY2022/2023 to later years, announced the group on Feb 9.

The group has reached agreements with Airbus and Boeing to revise its aircraft delivery schedule which means some of the aircraft in SIA’s order book will be delivered over a longer period that originally contracted.

The delivery stream will be spread out beyond the immediate five years.

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