SINGAPORE (May 28): Sometime in 2020, the distinctive livery of Singapore Airlines will begin adorning the fleet of single-aisle aircraft owned by its subsidiary SilkAir, in what could be the most significant initiative under the group’s transformation programme kicked off by CEO Goh Choon Pong last year. In the meantime, the group’s profitability looks to be on an uptrend that has driven the stock higher over much of the past year.

The plan to merge SIA and SilkAir was announced without much fanfare on May 18, a day after the release of the group’s results for the financial year ended March 31, 2018. As part of the merger, over $100 million will be invested to upgrade SilkAir’s cabins with lie-flat seats in business class, as well as seat-back inflight entertainment systems in both the economy- and business-class cabins.

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