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
Singapore Airlines
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
SIA Group posts net loss in first quarter despite cargo picking up slack
Singapore Airlines (SIA) Group posted S$1.12 billion in net loss for Q1 FY2021, reversing the $$111 million net profit in the first quarter of FY2020, an announcement revealed. Revenue also drastically dropped 79.3% to S$851 million from S$4.1 billion over the same period, which was partially offset by cargo activity. SIA said that much of the cargo demand came from urgent movements of personal protective equipment, pharmaceuticals and fresh foods, which boosted the cargo load … [Read more...] about SIA Group posts net loss in first quarter despite cargo picking up slack
World’s First Boeing 787-10 Arrives In Singapore
Singapore Airlines welcomed the world’s first 787-10 aircraft as it arrived in Singapore from Boeing’s production facility in North Charleston, South Carolina. The newest variant of Boeing’s Dreamliner family of aircraft was received at an arrival ceremony at Changi Airport graced by Singapore’s Coordinating Minister for Infrastructure and Minister for Transport, Mr Khaw Boon Wan, together with beneficiaries from the Association for Persons with Special Needs (APSN) Katong School and other … [Read more...] about World’s First Boeing 787-10 Arrives In Singapore
SIA Engineering Company and GE Aviation form joint venture
SIA Engineering Company Limited (“SIAEC”) and GE Aviation (“GE”) have agreed to establish a new engine overhaul joint venture based in Singapore. The joint venture will provide a full range of engine maintenance, repair and overhaul (MRO) services for the GE90 and GE9X engines. The GE90 engine exclusively powers the Boeing 777-300ER and 777-200LR, and the GE9X engine is the sole engine selection for the Boeing 777X aircraft. The formation of the joint venture, where GE will have a … [Read more...] about SIA Engineering Company and GE Aviation form joint venture
