ST Engineering and Temasek Form Aircraft Leasing JV

Posted on 05/12/2021

Singapore Technologies (ST) Engineering and Temasek Holdings agreed to form a 50:50 joint venture for freighter aircraft leasing to capture strong demand for converted passenger planes as e-commerce and air cargo demand grows. The joint venture will aim to build a US$ 600 million portfolio of mostly narrow-body planes over the next five years through […]

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