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SIA sold, leased back 5 Boeing 777 planes

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  • QX179R
    EMERGENCY AMBULANCE
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    10,058 posts since Feb '08
    • 02 Jul `08, 10:39PM

      Reuters - Tuesday, July 1

      Singapore Air sold, leased back 5 Boeing 777 planes

      SINGAPORE, July 1 - Singapore Airlines <SIAL.SI> said on Tuesday it had sold five Boeing 777 aircraft in its fleet to Pembroke Group, a unit of Standard Chartered <STAN.L>, and leased them back.

      The airline gave no financial details of the deal.

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