SIA losses 49% of its shareholdings in Nokscoot as it files for bankruptcy/
The cessation of the airline also results in a one-off charge of S$123.6m to the Singapore Airlines Group in Q1 of FY20/21, from write downs of the airline’s seven Boeing 777-200s, and provisions for liquidation costs. The 7 ex-SIA 772s will be retired permanently.
The cessation of the airline also results in a one-off charge of S$123.6m to the Singapore Airlines Group in Q1 of FY20/21, from write downs of the airline’s seven Boeing 777-200s, and provisions for liquidation costs. The 7 ex-SIA 772s will be retired permanently.
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