Wednesday, February 23, 2011

Tiger Airways Mandates Pembroke Group With Financing Deal For Four A320 Aircraft

23 February 2011, Singapore – Tiger Airways Holdings Limited and Pembroke Group Limited, the aircraft leasing, financing and management subsidiary of Standard Chartered Bank, have inked a new multi-million dollar deal for the purchase and lease of four A320 aircraft.

Pembroke Group Limited has been mandated for the purchase and operating leaseback transactions by Tiger Airways following a competitive tender process. The four Airbus 320s are to be delivered by February 2012, following which the aircraft will be leased to Tiger Airways for a......

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