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Singapore funds A380 in KG market

05 August 2011

Flag carrier Singapore Airlines has closed a sale/leaseback with Lloyd Fonds for one Airbus A380.

Read more: Singapore Airlines Lloyd Fonds EastMerchant Capital ANZ CIC KG fund

Singapore Airlines has financed one Airbus A380 in the German KG market. Hamburg-based Lloyd Fonds purchased the aircraft from the airline this week with a $74 million bridge loan and $111 million senior debt from three banks. The KG fund will lease the...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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