Will all be smooth-sailing in SIA's merger with SilkAir?

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SINGAPORE (May 25): The plan to merge Singapore Airlines (SIA) and its subsidiary 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 S$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.

(See: Singapore Airlines swings back to profitability with 4Q earnings of $181.8 mil; declares 30 cents final dividend)
(See: SilkAir to be merged into SIA after $100 mil cabin upgrades)

While it could mark the most significant initiative under the group’s transformation programme launched last year, the impending merger could take “a little bit of time” due to the availability of business class lie-flat seats on narrow-body aircraft, according to SIA CEO Goh Choon Pong... (Click here to read the full story)