Singapore Airlines (SIA) has announced the completion of sale-and-leaseback transactions for 11 aircraft for a total of $2 billion.

According to a news release dated May 3, the aircraft comprises seven Airbus A350-900s and four Boeing 787-10s.

The transactions were arranged with four different parties - Aergo Capital, Altavair, EastMerchant and Crianza Aviation, as well as Muzinich and Co.

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