Singapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPASingapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPA
Singapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPA

Singapore Airlines raised US$6.4 billion from share sales but has spent half in just two months

  • The Singaporean carrier has slashed salaries and put staff on unpaid leave as it operates at less than 10 per cent of capacity during coronavirus pandemic
  • Meanwhile, Australian carrier Qantas reported its first loss in six years and predicted it would not make money in the next financial year

Topic |   Coronavirus pandemic
Singapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPASingapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPA
Singapore Airlines raised the funds in June after the coronavirus outbreak. Photo: EPA
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