Another carrier - Australia’s Queensland- based carrier SkyAirWorld – has gone belly-up joining the swelling ranks of small rural aviation service providers downunder that are falling victim to theglobal recession. SkyAirWorld’s troubles could also spill over to East Timor’s upstart national carrier Timor Air which had wet leased one of SkyAirWorld’s 94-seat Embraer aircraft to fly from Dili to Darwin and Bali. The Brisbane carrier also … [Read more...] about AUSTRALIA: Australia’s rural carriers dropping like flies
Air Freight Logistics
AUSTRALIA: BOC reaches leasing deal with Virgin Blue
BOC Aviation has concluded a purchase- and-leaseback (PLB) deal with Virgin Blue Airlines for one late-2008 vintage aircraft and three new Boeing 737-800 aircraft. The aircraft will be leased for an average lease term of 10 years, with delivery of the three new aircraft scheduled for the fourth quarter of this year. Virgin Blue, Australia’s second largest airline with a 32 per cent market share in the domestic market, will use the aircraft for domestic and international routes in … [Read more...] about AUSTRALIA: BOC reaches leasing deal with Virgin Blue
SINGAPORE: SIA begins Kuwait service
Singapore Airlines has begun flights between Kuwait and Singapore, via Abu Dhabi from mid-March. The new four times weekly service will operate usingthe Boeing 777-200 aircraft. Besides Kuwait, Singapore Airlines flies to four other cities in the Middle East, including Jeddah and Riyadh in Saudi Arabia, and Abu Dhabi and Dubai in the UAE. SOUTH KOREA As part of its celebrations to mark the 40th anniversary of the airline, Korean Air will showcase the evolution of its flight … [Read more...] about SINGAPORE: SIA begins Kuwait service
SINGAPORE: New Latin American services for SIA Cargo
In the face of persistent industry gloom, Singapore Airlines Cargo has commenced B747-400 freighter flights to the Brazilian city of Sao Paulo, Quito in Ecuador, and Bogota in Colombia. The cargo division began operating the services from 7 February under a special approval granted by the aviationauthorities in these countries. “Singapore Airlines Cargo can play an important role in connecting the expanding Latin American market with other major markets in Europe, Asia, North America … [Read more...] about SINGAPORE: New Latin American services for SIA Cargo
SINGAPORE: No-pay leave may be extended at SIA
Faced with ongoing drop in load factors, excess capacity and falling yields, Singapore Airlines (SIA) has started preliminary talks to get its passenger plane pilots to take voluntary no-pay leave. This follows the recent agreement with 25 of its cargo pilots who voluntarily will go on no-pay leave for up to 30 months, with up to 25 more cargo pilots expected to be asked to also opt for the scheme. This comes as the airline prepares to slash up to 11 per cent of capacity by grounding 17 … [Read more...] about SINGAPORE: No-pay leave may be extended at SIA
SINGAPORE: SIA cargo and pax numbers continue slide
Singapore Airlines’ cargo volumes for February slid by 16.9 per cent to just below 80,000 tonnes, year-on-year, with SIA filling 56.7 per cent of available freight space. This was down 5.5 percentagepoints from last year. In the same month SIA carried just 1.18 million passengers, a 20.2 per cent drop from the same month a year earlier. The steep fall came despite a 8.5 per cent cut in capacity. Across its network, the airline filled just 9.7 per cent of available passenger seats. … [Read more...] about SINGAPORE: SIA cargo and pax numbers continue slide
