Tag: Singapore Airlines
Price-fixing investigation spreads to SA
South Africa’s Competition Commission has referred eight air cargo carriers to the Competition Tribunal for alleged collusive behaviour that took place over a ten-year period, from 1996 to 2006. The companies face allegations of fixing the price......
Read MoreSingapore Airlines’ Q4 net profit up six-fold
Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million),......
Read MoreSingapore Airlines' Q4 net profit up six-fold
Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million),......
Read MoreSIA reports second straight quarterly loss
Singapore Airlines (SIA), the world’s largest airline by market value, has posted its second straight quarterly loss with a second quarter net loss of S$159 million (US$114.6 million) compared with a net profit of S$324 million a......
Read MoreGaruda latest to be fingered for price fixing
As part of the on-going global investigation into price fixing within the air cargo industry, Australia’s consumer watchdog has this week started proceedings against Garuda, accusing the Indonesian carrier of participating in a global cargo fuel surcharge......
Read MoreSINGAPORE: First quarterly loss in six years for SIA
Singapore Airlines has posted its fi rst quarterly loss since 2003, with a S$307.1 million (US$212.6 million) loss that compared to a S$358.6 million profit in the fiscal first quarter of 2008-09. The global economic downturn, swine......
Read MoreFirst quarterly loss in six years for SIA
Singapore Airlines has posted its first quarterly loss since 2003, with a S$307.1 million (US$212.6 million) loss that compared to a S$358.6 million profit in the fiscal first quarter of 2008-09. The global economic downturn, swine flu......
Read MoreSINGAPORE: SIA pilots agree to no pay leave and pay cut
Singapore Airlines (SIA) and the Air Line Pilots Association – Singapore (ALPA-S) have signed an agreement with effect from 1 July, under which all pilots in the airline will take one day of leave without pay each......
Read MoreSINGAPORE: SIA adds fourth daily B777 service to Manila
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......
Read MoreSingapore 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......
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