Singapore airlines’ shares drop

Shares of Singapore Airlines (SIA), which holds 25.1 per cent stake in Air India, dropped on the Singapore Exchange on Friday, a day after the Indian carrier’s plane crash in Ahmedabad.

Shares of SIA closed at SGD 6.94 on Friday, down 1.28 per cent over its previous close. Aviation watchdog DGCA on Friday ordered enhanced safety inspection of Air India’s Dreamliners powered by GEnx engines.

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