Singapore Airlines injects $30m into new foundation
The foundation will have two programmes upon launch.
Singapore Airlines (SIA) Group will inject $30m into its newly launched namesake foundation.
The group will establish the Singapore Airlines Foundation as a company limited by guarantee, funded from income earned on an endowment.
The foundation will have two programmes upon launch: the Youth Uplift Programme and the Youth Outreach Programme.
The first programme will offer financial aid to eligible students at Singapore's Institute of Tehgcbniucal Education (ITE) colleges, polytechnics, or universities.
Students accepted for the programme will also receive a three to six-month traineeship with SIA Group, courses from SIA Academy, and mentorship from the airline's employees.
Application for the programme will open in July.
Meanwhile, the Youth Outreach Programme will give upper secondary school and junior college students unique immersive experiences "to ignite a passion in the aviation industry."