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    Singapore Airlines raises USD 500 million in US dollar bond debt debut

    The post Singapore Airlines raises USD 500 million in US dollar bond debt debut appeared first on TD (Travel Daily Media) Travel Daily. Singapore Airlines has raised USD 500 million in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound. The transaction was finalised on 14 January and the price was set at U.S. treasuries plus 260 basis points, according to a term sheet. The size of the 5.5 year deal was finalised after bookrunners received bids above USD 1.5 billion, and the bond carries a 3% coupon rate, the term sheet shows.…

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    Singapore Airlines Receives Highest Rating for Health and Safety

    The post Singapore Airlines Receives Highest Rating for Health and Safety appeared first on TD (Travel Daily Media) Travel Daily. Singapore Airlines has received the highest rating in a global audit of airlines’ health and safety standards amid the COVID-19 pandemic, the national carrier announced on Tuesday. The “diamond” rating is awarded to airlines that reach “hospital-grade level health safety”, according to a press release by audit organisers, the non-profit Airline Passenger Experience Association (APEX), and aviation marketing firm SimpliFlying. “Singapore Airlines’ commitment to customer well-being shines via a contactless journey management bolstered by best-in-class onboard hygiene,” said APEX CEO Dr. Joe Leader. The airline has invested in passengers’ wellness…

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    Singapore Airlines Asks Crew to Wear Tracking Devices on Layovers

    The post Singapore Airlines Asks Crew to Wear Tracking Devices on Layovers appeared first on TD (Travel Daily Media) Travel Daily. Airline crew are prohibited from moving freely in many places in the world. Singapore Airlines crew members are forbidden to leave their hotel rooms on layovers. To make sure they comply with regulations, the carrier is now requesting that they wear a tracking device for the duration of their stay. There has been an array of incidents with airline crew as a result of COVID precaution regulations. A KLM flight attendant was arrested in Singapore for leaving their hotel room in mid-December. The suspect that the Sydney Avalon cluster…

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    Singapore Airlines to begin Boeing 737-800 operations from March with Phuket route

    The post Singapore Airlines to begin Boeing 737-800 operations from March with Phuket route appeared first on TD (Travel Daily Media) Travel Daily. Singapore Airlines (SIA) will operate Boeing 737-800 NG aircraft on flights to Phuket from 4 March 2021, offering customers greater consistency in product and service across the SIA Group’s premium network as part of SilkAir’s integration with the parent airline. More SilkAir routes will be progressively transferred as nine 737-800 NG join the SIA fleet. This would also allow SIA to operate the aircraft to points within its current network, starting with Brunei in March 2021[2]. The full integration of SilkAir into Singapore Airlines is scheduled for…

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    Thousands of American Airlines Employees Could be Laid Off

    The post Thousands of American Airlines Employees Could be Laid Off appeared first on TD (Travel Daily Media) Travel Daily. Aircraft, Aircrafts, American Airlines, plane, planes, Livery, Exterior Unfortunately, the pandemic adverse consequences to the airline industry are not ending and they are getting a grimmer outlook. American Airlines warned employees last Wednesday of possible layoffs in April, saying COVID-19 vaccines were not being distributed as quickly as it expected. The airline employs about 133,700 people in the U.S., according to Forbes estimates. “We fully believed that we would be looking at a summer schedule where we’d fly all of our airplanes and need the full strength of our team,”…