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Chitchat SIA should share profits with nation after having received govt assistance

batman1

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Loyal
Our Tax money , how?
Among the financial assistance packages the Govt gave out during the period of lockdowns and restricted travel were the
Aviation Sector Assistance Package and the OneAviation Resilence Package.
 

Charlie99

Alfrescian (Inf)
Asset
Among the financial assistance packages the Govt gave out during the period of lockdowns and restricted travel were the
Aviation Sector Assistance Package and the OneAviation Resilence Package.
Was it $500 million, or $1 billion
 

syed putra

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Loyal
Was it $500 million, or $1 billion

Singapore Airlines latest to get massive rescue amid coronavirus crisis​

By Anshuman Daga, Jamie Freed
5 MIN READ

SINGAPORE/SYDNEY (Reuters) - Singapore Airlines SIAL.SI said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.



FILE PHOTO: A view of the inflight entertainment screen on the back of economy class seats on the first of 67 new Airbus A350-900 planes delivered to Singapore Airlines at Singapore's Changi Airport March 3, 2016. REUTERS/Edgar Su
It is the single biggest financing package announced by an airline since demand plunged because of the pandemic, forcing carriers around the world to ground planes, put staff on unpaid leave and scramble to raise more cash to ensure their survival.
 

borom

Alfrescian (Inf)
Asset
You want the money go back to Temasek so HC's handpick successors can do contrarian investments or for DBS to invest in India and create jobs there.
If I have a choice, SIA should set up a scholarship, trust , ect2 to help poor and deserving locals .
They can also give discounts to Pioneer, Merdeka ect2
 
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