Singapore Airlines (SIA) has announced plans to operate flights to Sydney’s upcoming 24-hour airport, enabling the airline to introduce red-eye services. This move allows SIA to bypass the current night curfew at Sydney’s main airport, offering greater flexibility for late-night departures and early-morning arrivals. Such timings are particularly attractive for corporate travellers seeking efficient schedules.
The new route is expected to strengthen SIA’s regional connectivity by funnelling passengers through Singapore Changi Airport. Early morning arrivals from Sydney will seamlessly connect to the airline’s broader Asia-Pacific network, enhancing transit options and boosting passenger traffic through its hub.
Meanwhile, CapitaLand Ascendas REIT (CLAR) has unveiled plans to raise approximately S$900 million through a mix of private placement and preferential offerings. The REIT will issue millions of new units to finance acquisitions across Japan and Singapore, as well as support future investment opportunities.
Despite the strategic fundraising plan, CLAR units saw a slight dip ahead of the announcement. The move reflects ongoing efforts by the trust to expand its portfolio and strengthen its position in key industrial and logistics markets across Asia.