All Singapore Airlines articles – Page 4
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Airline Business
Airline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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News
Cathay’s January passenger load factor sinks to dismal 13.3%
Cathay Pacific reported its lowest ever passenger load factor in January, with passenger numbers for the month plunging to six-month lows, as it confronts an “extremely challenging” start to 2021.
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Airline Business
Does demise of Dragon and Silk signal the end for regional sub-brands in Asia?
Singapore Airlines and Cathay Pacific have both shut or merged their regional units, in a move to simplify their group structure. With Cathay Dragon and SilkAir gone, what fate awaits the regional airline unit model in Asia-Pacific?
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News
IATA health passport app to roll out with 20 airlines
Carriers back app which allows passengers to store and share Covid-19 vaccine and test records, and could be key to reopening international travel
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News
SIA swaps 787s for more 777-9s in S$4 billion capex deferral
Singapore Airlines Group has made significant changes to its order book — by swapping Boeing 787-10s for more 777-9s — in a move that sees it defer more than S$4 billion ($3.01 billion) in capital spending by about three years.
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News
Strong cargo demand helps Singapore Airlines cut Q3 loss
Singapore Airlines Group narrowed its third-quarter operating loss, as stronger cargo performance helped offset any further revenue loss from a pandemic-led collapse in passenger travel demand.
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News
Singapore Airlines to fly first redeployed SilkAir 737-800 in March
Singapore Airlines will begin operating the first of nine ex-SilkAir Boeing 737-800s from March, as it expects the integration of the latter into mainline operations to be completed by April 2022.
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News
SIA issues $500 million dollar-denominated discount bonds
Singapore Airlines plans to issue $500 million of bonds at a discount to par.
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News
SIA deepens co-operation with Indian joint venture Vistara
Singapore Airlines and its Indian joint venture Vistara have inked a commercial cooperation framework agreement, widening its existing areas of partnership.
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News
ANA wins Decade of Airline Excellence Award for Asia-Pacific region
Recipient of the Decade of Airline Excellence Award for the Asia-Pacific region, sponsored by Shannon Engine Support.
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News
SIA converts two 777-300ERs into temporary freighters
Singapore Airlines has modified two Boeing 777-300ERs to carry cargo in the passenger cabins, tapping into freight as an alternative revenue stream as it copes with depressed passenger demand from the coronavirus crisis. The carrier states that the first of the two converted aircraft took off on 5 November, ...
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News
SIA seals Airbus deferrals, Boeing negotiations reach ‘advanced stage’
Singapore Airlines Group has confirmed that its outstanding Airbus aircraft on order have been deferred and that it is close to concluding similar talks with Boeing. In today disclosing record half year losses amid the coronavirus crisis, SIA Group states that it has “concluded negotiations with Airbus on a revised ...
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News
Steep impairment costs drag SIA to record S$3.5 billion net loss for half year
Singapore Airlines Group took on a hefty impairment charge of S$1.33 billion ($987 million) from the early retirement of 26 older aircraft — including seven Airbus A380s — which led to a record net loss in its half-yearly earnings. The group says that the 26 aircraft were “deemed surplus to ...
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News
Singapore Airlines marks return to New York with JFK nonstop
Singapore Airlines (SIA) will launch nonstop flights between Singapore and New York JFK from 9 November – the first time the carrier will operate such flights between the two airports. Announcing the route’s launch, the SIA says it will operate thrice-weekly flights using its Airbus A350-900s. ...
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News
Singapore reiterates support for SIA, Changi Airport through pandemic
The Singapore government has pledged to support troubled national carrier Singapore Airlines (SIA) and the Changi Airport Group (CAG) “as much as we can” through a “deep crisis”, as it mulls a safe and steady reopening of its borders. Speaking at a parliamentary sitting on 6 October, transport minister Ong ...
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News
Singapore Airlines to slash 4,300 jobs across group as pandemic takes toll
Singapore Airlines Group is to cut 4,300 positions across its airlines in a further sign of the scale of the impact of the coronavirus pandemic on the air travel industry. SIA expects to only be operating less than half its capacity by the end of the current financial year in ...
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Airline Business
How many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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Airline Business
Asia-Pacific coronavirus crisis has clear winners and losers
Asia-Pacific airlines continue to have a rough ride with coronavirus, but the crisis will place further airspace between stronger and weaker carriers.
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News
Singapore Airlines parent slips to full-year net loss
SIA Group saw its annual operating profit dwindle to S$59 million ($41 million) in the 12 months ended 31 March – from S$1.07 billion the previous financial year – and was loss-making at the net level.
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News
SIA Group flags ‘material’ final-quarter loss; renegotiates deliveries
The Singapore Airlines Group expects a “material” quarterly operating loss from the “severe impact” of the coronavirus outbreak, as it seeks to readjust aircraft deliveries and defer payments to its suppliers. However, it will still be in the black for the full financial year ended 31 March, thanks to “the ...