SIA raises $2b from sales-leaseback transactions

The airline has raised a total of $15.4b in fresh liquidity since 1 April 2020.

Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft on recent weeks, for approximately $2b.

The transaction consisted of seven Airbus A350-900s and four Boeing 787-10s.

“During this period of high uncertainty, as the airline industry continues to navigate the unprecedented challenges caused by the Covid-19 pandemic, the SIA Group will continue to explore additional means to raise liquidity as necessary,” SIA said.

The airline said that it continues to have access to more than $2.1b in committed credit lines, along with the option to raise $6.2b in additional mandatory convertible bonds before the Annual General Meeting in July 2021.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia