Singapore Air sold, leased back 5 Boeing 777 planes

Mon Jun 30, 2008 8:55pm EDT
 
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SINGAPORE, July 1 (Reuters) - 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. (Reporting by Jan Dahinten; editing by Kevin Lim)

 
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