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Owners of A380s leased to SIA look for operators

SIA must decide by next September whether to extend 10-year leases that expire from 2017, or refurbish the jets to like-new conditions before returning them

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SIA has to return the A380s in "full life" condition or pay up to US$25 million for each plane handed back without being refurbished.

Frankfurt

THE owners of five Airbus Group SE A380s leased to Singapore Airlines Ltd (SIA) have begun touting the superjumbos around potential future operators while the Asian carrier evaluates whether to retain them.

SIA must reach a decision by next September, though a clause

sentifi.com

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