Singapore Airlines (SIA) says it has used a further $1.1 billion out of the $8.8 billion raised from its rights issue between Dec 14, 2020, to Feb 21.

Of the $1.1 billion, some $0.4 billion went towards the funding of ongoing operating expenses, while another $0.1 billion had gone towards the refunds of flight tickets that were subsequently cancelled in view of the continuing border controls and travel restrictions.

A further $0.6 billion has gone towards aircraft and aircraft-related payments.


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