Singapore Airlines defers $4 bln of spending on Airbus, Boeing planes
Global Economy
09 February, 2021, 03:45 pm
Last modified: 09 February, 2021, 03:47 pm
It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement
FILE PHOTO: An Airbus A380-800 aircraft of Singapore Airlines takes off from Zurich airport, Switzerland October 16, 2019. REUTERS/Arnd Wiegmann/File Photo
Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.
It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.
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