SINGAPORE (May 17): “That’s not what we’re looking at,” Singapore Airlines’ chief executive officer Goh Choon Pong laughs, when asked about the possibility of merging SIA with Malaysia Airlines.
The idea of a merger had been mooted recently by a Maybank analyst.
But speaking at SIA’s FY18 results briefing on Friday, Goh dismissed the suggestion. “We’re concentrating on our transformation plan,” he adds.
Goh’s remarks portended a session full of questions over the grounding of SIA’s Boeing 737 Max aircraft, and its continuing issues with the Rolls Royce Trent 1000 engines.
The group saw its full-year earnings slide...(click on link for full story on theedgesingapore.com)