Originally Posted by
davidclarke
Why would Singapore want to take on 5billion in Debt? It would make no financial sense in the current climate to buy into a debt ridden airline.
Precisely. The bailout money for SQ is to ensure that the main SQ operation (and their subsidiary companies) survive.
The SG taxpayers won't be happy if their bailout funds are used elsewhere to prop up foreign operators, especially one with a $5B debt.