Singapore Airlines raises S$2b from sale-and-leaseback transactions

Singapore Airlines raises S$2b from sale-and-leaseback transactions
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SINGAPORE (May 3): Singapore Airlines (SIA) has announced the completion of sale-and-leaseback transactions for 11 aircraft for a total of S$2 billion (about RM6.16 billion).

According to a news release dated May 3, the aircraft comprises seven Airbus A350-900s and four Boeing 787-10s.

The transactions were arranged with four different parties, namely Aergo Capital, Altavair, EastMerchant and Crianza Aviation, as well as Muzinich and Co ... (click on link for full story on theedgesingapore.com).