{"id":413340,"date":"2021-05-04T09:28:40","date_gmt":"2021-05-04T03:58:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413340"},"modified":"2021-05-04T10:03:44","modified_gmt":"2021-05-04T04:33:44","slug":"singapore-airlines-raises-s2-billion-from-sale-and-leaseback-of-aircraft","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/singapore-airlines-raises-s2-billion-from-sale-and-leaseback-of-aircraft\/","title":{"rendered":"Singapore Airlines raises S$2 billion from sale and leaseback of aircraft"},"content":{"rendered":"<p>NEW DELHI : Singapore Airlines (SIA) has raised about S$2 billion (about $1.5 billion) from sale-and-leaseback (SLB) transactions for 11 wide-body aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, which will help shore up its liquidity at a time when airlines are facing financial challenges arising from a decline in passenger traffic owing to the ongoing covid-19 pandemic. <\/p>\n<p>An SLB is a transaction in which the owner sells the aircraft, and then takes it back on lease from the buyer. Such a deal typically removes the aircraft, and its associated debt, from the carrier\u2019s balance sheet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Singapore Airlines (SIA) has raised about S$2 billion (about $1.5 billion) from sale-and-leaseback (SLB) transactions for 11 wide-body aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, which will help shore up its liquidity at a time when airlines are facing financial challenges arising from a decline in passenger traffic owing to the ongoing covid-19 pandemic. An SLB is a transaction in which the owner sells the aircraft, and then takes it back on lease from the buyer. Such a deal typically removes the aircraft, and its associated debt, from the carrier\u2019s balance sheet.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-413340","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=413340"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413340\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}