Singapore Airlines latest to get massive bailout amid coronavirus crisis
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SINGAPORE/SYDNEY (Reuters) - Singapore Airlines Ltd said it had secured up to S$19 billion (10.90 billion pounds) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.It is the single biggest financing package announced by an airline since demand plunged because of the pandemic, forcing carriers around the world to ground planes, put staff on unpaid leave and scramble to raise more cash to ensure their..