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Business 04 May 2021 | 7:00 AM

SIA raises US$1.5b from sale-and-leaseback deals

SINGAPORE: Singapore Airlines Ltd (SIA) said it had raised about S$2bil (US$1.5bil or RM6.15bil) through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel.