Business
Singapore Airlines Raises Over $540m Securing A350s And 787s – Simple Flying
Singapore Airlines has used its aircraft to raise additional funds. The airline has used some of its Airbus
Singapore Airlines has used its aircraft to raise additional funds. The airline has used some of its Airbus A350s and Boeing 787s as security for a loan. This move further shores up the airline’s liquidity position and strengthens its position to weather the current crisis.
Singapore Airlines has used some 787-10s as security for a loan. Photo: Getty Images
Using aircraft as security
Singapore Airlines announced that it raised S$750 million ($542 million) worth of long-term loans by securing …
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