Singapore Airlines will add a fourth daily flight between Singapore and Manila from 10 July using B777 family aircraft which will increase the capacity on the route by more than 20 per cent. The capacity increase follows recent bilateral air services consultationsbetween Singapore and the Philippines. … [Read more...] about SINGAPORE: SIA adds fourth daily B777 service to Manila
Singapore Airlines
Singapore Airlines sees profits plunge 92%
Singapore Airlines (SIA) said its January-March profit plunged 92 per cent as the global economic slowdown depressed passenger and cargo movements. The carrier's net profit for its fiscal fourth quarter was S$41.9 million (US$28.7 million), down from S$528 million a year earlier, it said in a statement. That took the net profit for the whole year to S$1.06 billion, down 48 per cent from the previous year. The company's cargo division, SIA Cargo, booked a loss of S$245 million, reflecting the … [Read more...] about Singapore Airlines sees profits plunge 92%
SIA begins Kuwait service
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 using the Boeing 777-200 aircraft. "The start of our services to Kuwait at this time emphasises the value and importance of tourism, trade and business links between Kuwait and Singapore. … [Read more...] about SIA begins Kuwait service
No pay leave extended at Singapore Air
No-pay leave extended at Singapore Air Faced with ongoing drop in load factors, excess capacity and falling yeilds, 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 … [Read more...] about No pay leave extended at Singapore Air
SIA parks one freighter and 17 pax planes
Singapore Airlines, the world's most profitable carrier, has said it will slash passenger capacity by 11 per cent as the global recession continues to drag down air passenger and cargo demand. The airline will take 17 passenger planes out of its fleet in the fiscal year beginning April until March 2010, it said in a statement this week. The carrier had earlier planned to remove four planes from its fleet of 102 aircraft before the recession deepened - one for conversion to a freighter, and three … [Read more...] about SIA parks one freighter and 17 pax planes
Singapore Airlines’ profit nose-dives
Singapore Airlines has posted a fiscal third-quarter net profit down 43 per cent amid significant fuel-hedging losses, shrinking demand for cargo and passenger travel. Of the parent airline's four other business units - SATS Group, SIA Engineering, SilkAir and SIA Cargo - the cargo division was the only one to turn in a loss, amounting to S$46 million (US$30.4 million), compared with a profit of S$73 million for the same period a year earlier. SIA Cargo carried 14.2 per cent less freight (in … [Read more...] about Singapore Airlines’ profit nose-dives
