SIA may land in unusual net debt position


Buying spree: South-East Asia’s biggest airline is expected to turn to a net-debt position as early as 2018 – for the first time in 13 years. – AFP

Carrier is borrowing money and selling bonds to meet capex needs

SINGAPORE: A record plane-buying spree is poised to land Singapore Airlines Ltd (SIA) in an unfamiliar territory.

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