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Singapore Airlines plans cuts after weaker-that-expected full-year results
TransportSingapore Airlines Ltd reported weaker-than-expected full-year results and warned of a deteriorating environment as it struggles to cope with the rapid emergence of Gulf carriers and low cost Asian rivals. SIA is attempting a big strategy overhaul, pushing into the budget airlines segment and expanding its regional network. State-backed Emirates Airline, Etihad Airways and Qatar [...]
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Cathay and Singapore Air upgrade front cabins but have a tough time filling them
TransportCathay Pacific Airways Ltd. and Singapore Airlines Ltd. are spending $207 million fitting flat- bed seats and larger TV screens in business-class. Finding passengers to fly them may be a challenge. Sales at the front of the cabin fell short of its expectations in December, Cathay Pacific said last week, as the Hong Kong-based carrier [...]
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Singapore Airlines surprises holiday flyers by replacing bags with presents in Manila
TransportAll 268 Singapore Airline passengers who planed in from the Lion City got a special welcome yesterday afternoon when the air carrier surprised them with Christmas gifts upon their arrival at the Ninoy Aquino International Airport. As soon as the 268 passengers, including two infants, onboard flight SQ910 cleared immigration checks and reached the baggage [...]
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Delta nearing $300-$500 million deal to buy Singapore’s piece of Virgin Atlantic
TransportDelta Air Lines Inc. (DAL) is nearing a deal to buy a 49 percent stake in Virgin Atlantic Airways Ltd. from Singapore Airlines Ltd. (SIA) and may pay less than $500 million for it, three people familiar with the matter said. The price range is $300 million to $500 million and an agreement may be [...]
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Delta-Virgin deal talks: Delta’s Heathrow hopes and Virgin’s motivations
TransportRead our earlier story: Delta is making secret moves to take over Virgin Atlantic Some more details are leaking out as other outlets confirm Sunday Times‘ scoop from earlier today. Bloomberg: Virgin has been seeking partners and in 2010 hired Deutsche Bank AG to assess options. This could improve Delta’s access to Europe’s busiest hub [...]
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UPDATED: Delta is making secret moves to take over Virgin Atlantic as Heathrow’s the prize
TransportIf you’re in the travel industry or a travel enthusiast, get your daily dose of Skift: subscribe to our newsletter, or social feeds, here. Delta Air Lines has held talks to buy a 49 percent stake in British carrier Virgin Atlantic that is currently held by Singapore Airlines, two people familiar with the matter said on Sunday. [...]
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Singapore Airlines reports drop in profit with pessimistic outlook for second half earnings
TransportSingapore Airlines (SIA) said Friday its first-half net profit fell 30 percent from last year, and warned the outlook was bleak as the eurozone debt crisis dents global business confidence. “The continuing European economic crisis is dampening global business confidence, exerting downward pressure on loads and yields of both passenger and cargo businesses,” the leading [...]
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Virgin Australia is spending money: Carrier buys stake in Tiger and offers $102 million for Skywest
TransportVirgin Australia makes $102 million bid for Skywest, buys majority stake in Tiger Australia
SYDNEY (AP) — Virgin Australia, the nation’s second largest airline, has announced a 99 million Australian dollar ($102 million) takeover offer …
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Singapore Airlines puts an end to the world’s longest distance and duration flights
TransportSingapore Airlines to end world’s longest flights as it upgrades fleet with new Airbus order
NEW YORK (AP) — The world’s longest commercial flight — Singapore to Newark, N.J. — is being cancelled.
Singapore Airlines an…
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Who said in-flight entertainment is dead? Singapore signs $400 million deal with Panasonic
TransportSingapore Airlines has signed a $400 million agreement with Panasonic Avionics to equip more than 40 of the airline’s new aircraft with inflight entertainment and communications systems…the new systems will be able to provide broadband internet services, live television, touch-screen handsets and social networking functions. This follows a $50 million investment by Singapore Airlines into [...]
