Aircraft
SIA's Order Realignment Allows It To Defer S$4 billion in Capex
Singapore Airlines will take 14 fewer 787-10s and 11 more 777-9s while delaying deliveries from both Boeing and Airbus.
Singapore Airlines flies 15 Boeing 787-10s out of Singapore Changi Airport. (Photo: Boeing)
Singapore Airlines flies 15 Boeing 787-10s out of Singapore Changi Airport. (Photo: Boeing)

Singapore Airlines Group (SIA) will convert orders on 14 Boeing 787-10s to 11 Boeing 777-9s and delay deliveries of several Boeing and Airbus jets as part of a plan to defer more than S$4 billion ($3 billion) in capital expenditures between its 2020/2021 and 2022/2023 fiscal years. The plan also calls for Boeing and Airbus to deliver some of the aircraft in SIA’s order book over a longer period of time, spreading the delivery stream beyond the immediate five years, the group said Friday.