Singapore Airlines has raised S$2 billion ($1.5 billion) in sale-and-leaseback transactions involving 11 aircraft. Singapore Airlines has raised S$2 billion ($1.5 billion) in sale-and-leaseback transactions involving 11 aircraft. The Star Alliance carrier discloses that four different lessors — such as Dublin-based Aergo Capital and aircraft financing firm Altavair — were involved in the transactions, which...Continue Reading

Middle Eastern carrier Flydubai has turned in a full-year loss of Dhs713 million ($194 million), but believes its business fundamentals remain strong. The airline’s revenues halved to Dhs2.8 billion in the 12 months to 31 December 2020. Flydubai says its operations were “severely curtailed” for 14 weeks, from 24 March to 7 July, while it...Continue Reading