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Singapore Airlines defers $3.0b of spending on Airbus, Boeing planes

Reuters | Tuesday, 9 February 2021


Singapore Airlines Limited said on Tuesday it would defer over US$ 3.01 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.