Singapore Airways halts buying and selling pending announcement

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Singapore Airways halts buying and selling pending announcement

SINGAPORE, March 26 (Reuters) - Singapore Airways Ltd SIAL.SI on Thursday went right into a uncommo


SINGAPORE, March 26 (Reuters)Singapore Airways Ltd SIAL.SI on Thursday went right into a uncommon buying and selling halt pending an announcement, days after it mentioned it will floor nearly its total fleet and search extra financing because it grapples with the coronavirus pandemic.

The airline didn’t present particulars to the inventory change on the subject of the deliberate announcement.

Singapore’s finance minister is ready to unveil new assist measures for employees, companies and households in response to the pandemic afterward Thursday.

(Reporting by Aradhana Aravindan and Jamie Freed; Modifying by Christian Schmollinger)

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