Singapore's flag carrier will progressively operate 17 weekly flights to Chennai, up from the current 10 flights per week, it said on Tuesday
Says move could limit competition on India-Singapore routes
Singapore Airlines CEO Goh Choon Phong wants to pursue a multi-hub strategy as he expects India to be the third-largest aviation market after China and the US by the middle of the decade
Singapore Airlines is aiming to raise $500 million to $750 million in a US dollar bond deal, according to two sources
The grounding of passenger planes at a time of increased demand for everything from medical supplies to iPhones has boosted freight rates
The move comes as Singapore Airlines undertakes a three-year transformation programme designed to cut costs and boost revenue amid competition from Chinese and Middle Eastern rivals and low-cost carr