Singapore Airlines keeps grips on capacity
Having recorded a full-year operating loss of S$39 million, Singapore Airlines (SIA) is cautious about adding capacity and is not currently mulling any new aircraft orders amid rising uncertainties in the global economy. “Despite signs of recovery, the global economy remains volatile and fragile,” said Singapore Airlines. “In fact, we have announced that we will be putting [...]
read moreCan Jetstar take on Singapore Airlines?
Budget carrier Jetstar will be flying direct daily services between Singapore and Melbourne from December and between Singapore and Auckland from March next year. The flights will use two-class configured Airbus 330-200 aircraft. Aviation observers are quick to pronounce the heat the competition will bring to Singapore Airlines (SIA), which is a dominant player on the SIN-MEL [...]
read moreSingapore Airlines not out of the woods yet
Singapore Airlines (SIA) reported an operating loss of S$39 million on revenue of S$10,145 million for the full year ended March 31, 2010. Revenue fell 22.3 per cent while expenditure amounting to S$10,184 million decreased by 16.7 per cent. While stronger revenue performance in the latter half of the year could not reverse the S$428 [...]
read moreImproved loads, caution flying ahead
IT looks like the dark clouds are clearing with major airlines reporting improved loads as the global economy shows signs of recovery. Cathay Pacific Airways becomes one of the first major airlines to announce a return to full-year profit, reporting a net of HK$4.7 billion (US$605 million) for 2009 compared with a loss of HK$8.7 [...]
read moreSingapore Airlines says its A380 operation is profitable
Having requested a 6-12 months deferral for 8 of its remaining A380 deliveries last year due to the difficult business environment, the A380 launch customer, Singapore Airlines (SIA), says its A380 operation is profitable more than 2 years after its Entry Into Service (EIS) in October 2007. The deferral came at a time when the [...]
read moreSingapore Airlines says premium traffic may now start growing
Singapore Airlines (SIA) has long been seen as the industry standard of excellence and its earlier prediction for a full-year loss may well represent the industrywide situation which International Air Transport Association (IATA) said there will be a US$11 billion net loss. However, the Singaporean flag carrier is starting to see a silver lining, Airways Aviation [...]
read moreIs premium traffic ever returning again?
One of the most debated issues this year is whether premium traffic will ever return following the global financial crisis. As the global airline market has bottomed out and even recovered a little bit in some regions such as Asia, 2010 will a watershed in a way that many airlines are likely to decide their [...]
read moreInflight connectivity an undeveloped market in Asia
US carriers have been active in launching inflight connectivity product in the past year, with Southwest Airlines being the launch customer for Row44′s satellite-based solution and Aircell’s Air-to-ground (ATG) Gogo product being installed on Air Tran, American Airlines (AA), United Airlines, Delta Air Lines, Air Canada, Virgin America as well as US Airways’ aircraft. However, in [...]
read more787 customers negotiating with Boeing over penalties, delivery schedules
Since Boeing announced its new 787 first flight schedule this August (“Boeing to fly ZA001 in 4th quarter this year“, 27th Aug 09), talks between Boeing and its 787 customers have been ongoing over the respective penalties and delivery schedules. Airways Aviation Newrecently speaks with some of the Boeing 787 Dreamliner customers. One of the 787 [...]
read moreSingapore Air shrugs off premium economy product
Following the big fall-off in premium traffic as a result of the global economic slump, many legacy carriers are now seriously evaluating the potential market for premium economy class. Despite this, Singapore Airlines (SIA) firmly believes in its business model and has no plans to launch such a product. “In the current downturn we have [...]
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