BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Singapore Airlines has completed sale-and-leaseback deals for 11 aircraft, arranged by four different parties, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion. Since 1 April 2020, the company has successfully raised approximately S$15.4 billion in fresh liquidity.
SIA said it continues to have access to more than S$2.1 billion in committed credit lines, along with the option to raise up to S$6.2 billion in additional mandatory convertible bonds before the AGM in July 2021.
The SIA Group stated that it will continue to explore additional means to raise liquidity as necessary.
Copyright RTT News/dpa-AFX
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