Connect with us

Business

Singapore Airlines raises S$2 billion from airplane sale-and-leaseback deals

Spread the love

SINGAPORE: Singapore Airlines Ltd said on Monday (May 3) it had raised about S$2 billion through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel. The airline said it would continue to explore other ways to raise …

Published

on

33 views
Spread the love

SINGAPORE: Singapore Airlines Ltd said on Monday (May 3) it had raised about S$2 billion through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel.

The airline said it would continue to explore other ways to raise …
Read More >>