Cautious SIAEC Posts Profit Thanks To Wage Subsidies

SIAEC
Credit: Roslan Rahman / AFP / Getty Images
SINGAPORE—Singapore Airlines Engineering Company (SIAEC) returned to profitability in the first half of its financial year as air travel picked up in the company’s portfolios around the world. However, results were again propped up by the wage subsidies provided by Singapore that have been in place...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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