Singapore Airlines (SIA) reported a decline in half-year earnings on Friday, impacted by intense competition and rising costs. However, the airline expects to record a S$1.1 billion ($832.45 million) gain once the Air India-Vistara merger is finalized. SIA also revealed plans to redeem all its outstanding mandatory convertible bonds (MCBs), totaling S$9.7 billion. For the six months, SIA’s revenue increased by 7.1% year-on-year to S$9.50 billion. However, passenger revenue fell by 6.6% due to expanded capacity, which led to a
