Singapore Airlines (SIA) will deploy IBS Software's SaaS-based cargo management solution, iCargo, to bring its global cargo operations onto a single digital cargo platform to improve operational insight across its entire network, a press release confirmed The implementation will see SIA transitioning from its existing air cargo systems to iCargo to support its cargo business units, which include sales, import and export operations, air mail handling and revenue accounting. This will allow SIA … [Read more...] about SIA Cargo taps IBS Software for its digital operations
Singapore Airlines
Record quarter loss spurs Singapore Airlines to seek liquidity
Singapore Airlines Ltd. plans to raise more liquidity after posting its biggest quarterly loss of S$2.3 billion in the three months to September as international travel all but dried up, Bloomberg reports. The airline is in advanced talks to raise funds in the debt capital market and by selling and leasing back some of its aircraft, CEO Goh Choon Phong said during a briefing on 9 November, without elaborating. Also read: Singapore Airlines secures Envirotainer QEP accreditation For the … [Read more...] about Record quarter loss spurs Singapore Airlines to seek liquidity
Singapore Airlines secures Envirotainer QEP accreditation
Singapore Airlines has received Envirotainer QEP accreditation, a benchmark that recognises air cargo carriers that operate Envirotainer containers in compliance with Good Distribution Practice (GDP) standards. SIA is the first airline to be accredited in Southeast Asia and select stations in its quality corridor network have been certified in Q3. This accreditation is expected to position the airline to provide handling and transport services for the pharma sector, particularly with the … [Read more...] about Singapore Airlines secures Envirotainer QEP accreditation
CEO makes tough decision as SIA Group cuts staff amidst crisis
The Singapore Airlines (SIA) Group announced on 10 September the difficult decision to cut around 4,300 positions across its airlines. After taking into account a recruitment freeze, natural attrition, and the take up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations. This decision was taken in light of the long road to recovery for the global airline industry due to the debilitating impact of the … [Read more...] about CEO makes tough decision as SIA Group cuts staff amidst crisis
Venture fund Starburst launches aviation accelerator programme in Singapore
Venture fund and accelerator Starburst has launched the Aviation Tech Accelerator Program in Singapore, aiming to provide solutions for airlines, airports, ground handlers, MRO companies and other players in the aviation industry, a press release confirmed. The programme is supported by Enterprise Singapore, Singapore Airlines, SATS and Panasonic Avionics Corporation, with mentorship support from the Association of Aerospace Industries (Singapore), Microsoft, Cocoon Capital and … [Read more...] about Venture fund Starburst launches aviation accelerator programme in Singapore
SIA, Temasek Foundation to aid World Food Programme’s coronavirus response
Singapore Airlines (SIA) and the Temasek Foundation will partner with the World Food Programme (WFP) to help transport essential medical supplies and other health and humanitarian items to areas of need around the world, according to a joint press release. WFP said it has enough cargo to fill 188 jumbo jets that would require transport in the coming weeks, but resources have been stretched incredibly thin. WFP has been sending a steady flow of supplies to the frontlines since May, … [Read more...] about SIA, Temasek Foundation to aid World Food Programme’s coronavirus response