Business News
Singapore Airlines signs sale and leaseback deal
Jul 1, 2008, 8:05 GMT
Singapore - Singapore Airlines (SIA) has signed a sale and leaseback deal on five of its Boeing 777 aircraft, the carrier said on Tuesday.
The aircraft will be sold to Pembroke Group Ltd, a subsidiary of Standard Chartered Bank, and then leased back to SIA under the agreement.
The financial details were not disclosed.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
