SIA to Merge SilkAir with Parent Company

Earlier in May, SIA (Singapore Airlines) made an official announcement on its plans of investing heavily in a new cabin upgrade program, after which the full merger of SilkAir and SIA will be possible.

Expectations are that the full retrofit of the SilkAir aircraft’s lie-flat seats will take a couple of years to complete but the first initiative is scheduled to be finalized by 2020. The merging of SIA and SilkAir is planned to take place during the implementation of the program but no final dates have been announced.

The merger will bring higher efficiency and less costs, reducing the air operator’s certificates to two in comparison to the five used previously.

The integration process between SilkAir and SIA is already evident as the two have collaborated commercially and network wise. Currently, SilkAir and SIA work together on ten routes.

The dynamic growth of SilkAir in recent years proves that the carrier is ready to merge, continue expansion, and reach new heights.

Source: CAPA