, Singapore

Daily Briefing: BOC Aviation seeks $1.1b from share sale; Middle Eastern carriers squeeze SIA's yields

And Singapore brings 7th charge against ex-BSI banker.

Asia’s biggest aircraft lessor is seeking to raise $1.1 billion to fund an expansion as the region is poised to become the world’s top air travel market in about two decades. Read more here. 

Singapore Airlines Ltd. is fighting to prevent travelers from switching to Emirates Airline, which is offering luxuries like on-board shower, while budget carriers are chipping away at the coach class. The result: The lowest yield from passengers in six years. Find out more here.

The former BSI SA private banker charged amid probes related to the troubled 1Malaysia Development Bhd. was also accused of forgery with Singapore authorities signaling they plan to bring the investigations to a close within weeks. Read more here. 

 

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