SIA secures $750m in loans on aircrafts

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No It now secures $1.65b from its secured financing since the start of FY2020. Singapore Airlines (SIA) has raised $750m in long-term loans on some of its Airbus A350-900 and Boeing 787-10 aircraft, an announcement revealed. Upon completion of these deals, SIA now secures $1.65b from its secured financing since the start of FY2020, with the total liquidity raised over the same period amounting to $11b. It also includes the $8.8b from rights issue and $500m from the new committed lines of credit and a short-term unsecured loan from financial institutions. read more