Singapore Airlines halts trading pending announcement


SINGAPORE, March 26 (Reuters) - Singapore Airlines Ltd SIAL.SI on Thursday went into a rare trading halt pending an announcement, days after it said it would ground almost its entire fleet and seek more financing as it grapples with the coronavirus pandemic.

The airline did not provide details to the stock exchange on the topic of the planned announcement.

Singapore's finance minister is set to unveil new support measures for workers, businesses and households in response to the pandemic later on Thursday.

(Reporting by Aradhana Aravindan and Jamie Freed; Editing by Christian Schmollinger)

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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