- CAPA Analysis
- Schedule Analysis
- Cargo Analysis
- Route Maps
- US Route Data
- Annual Reports
- Fast Fact Report
- IATA Code
- ICAO Code
- Corporate Address
- Airline House,
25 Airline Road,
- Main hub
- Singapore Changi Airport
- Business model
- Full Service Carrier
- Airline Group
- Part of SIA Group
- Star Alliance
- Joined Alliance
- Association Membership
- Codeshare Partners
- Aegean Airlines
Air New Zealand
All Nippon Airways
China Cargo Airlines
LOT Polish Airlines
South African Airways
Virgin Atlantic Airways
Based at Singapore Changi Airport, Singapore Airlines is the national carrier of Singapore. Using a fleet of wide-body Boeing and Airbus aircraft, including the A380 of which Singapore Airlines was the launch customer, Singapore Airlines operates an extensive network across Asia, North America, Australasia, Europe, Africa and the Middle East. Singapore Airlines joined the Star Alliance on 01-Apr-2000.
Location of Singapore Airlines main hub (Singapore Changi Airport)
Singapore Airlines share price
1,899 total articles
Vistara to take some of the key attributes of Singapore Airlines as it develops in the Indian market
333 total articles
Virgin Australia has unveiled plans to acquire the remaining 40% stake of Tigerair Australia for a token sum of AUD1, enabling Singapore-based Tiger Airways Holdings to essentially end its unsuccessful pan-Asia Pacific strategy.
Tiger, which earlier this year sold its stake in Tigerair Philippines and exited the Indonesian market with the suspension of services at Tigerair Mandala, is now focusing on turning around around its Singapore operation. But the Tigerair Australia brand will be retained and the Tigerair brand is also now present in Taiwan, where the group owns only a 10% stake in recently launched Tigerair Taiwan.
The biggest benefit to Virgin could be appeasing its shareholder Singapore Airlines (SIA), which is set to increase its stake in Tiger Holdings from 40% to at least 55%. The agreement could also see Tigerair Australia operate short-haul international routes. Previously Virgin and Tigerair showed no interest in such deployment of Tigerair as Tigerair Australia, which has been consistently unprofitable since launching services in 2007 and has been focusing on improving its performance in the domestic market.
Ethiopian Airlines to continue Asia expansion with Singapore non-stops, giving Changi a needed boost
Singapore Changi is poised to emerge as the Asian hub for Ethiopian Airlines as the African flag carrier looks to introduce non-stop flights on the Addis Ababa-Singapore route in 2015. The new flight could lead to a further strengthening of the Ethiopian Airlines-Singapore Airlines partnership, which already includes seven destinations in Australasia.
The launch of non-stop flights to Ethiopia would be the most significant accomplishment yet in Changi’s push to establish a foothold in the fast expanding Asia-Africa market. Local traffic between Singapore and Africa is very limited but Africa can potentially emerge as an important new source for transit passengers, unlocking new growth as Singapore’s traffic figures start to flatten.
Ethiopian Airlines has been contemplating serving Singapore non-stop and making Changi its hub for offline destinations in Asia-Pacific since it joined the Star Alliance in late 2011. A final sweetener could be Singapore’s newly introduced incentive for long-haul flights and transit passenger growth.
Singapore Changi Airport and CAAS are trying to promote new long-haul flights and more transit traffic in response to a significant slowdown in passenger growth. Singapore is eager to drum up new sources of traffic or growth as it invests significantly in airport expansion which will prove to be overly ambitious if growth cannot be restored.
Incentivising transit traffic is logical as a growth in transit numbers, long a staple under Singapore’s hub strategy, could help offset a recent drop in inbound visitor numbers. Following Kuala Lumpur's example, Singapore will probably need to focus on enhancing LCC transit traffic, an increasingly important segment which Changi has barely scratched.
Long-haul transit traffic growth will be much harder to achieve, even with incentives. Changi’s biggest growth opportunities are likely on medium-haul routes and connections within Asia-Pacific.
SilkAir is joining Singapore’s main LCC groups in slowing down expansion in response to overcapacity in Singapore’s short-haul market. SilkAir capacity growth has been in the low single digits in recent months and will likely stay at modest levels as it accelerates the retirement of A320s.
The full service regional subsidiary of Singapore Airlines, SilkAir has expanded rapidly over the past several years despite intensifying competition with LCCs. SilkAir has doubled in size since 2007 and has consistently outperformed Singapore’s two short-haul LCCs, Tigerair and Jetstar Asia, in the process securing valuable slots at Changi Airport for the group.
SilkAir has been planning to maintain annual double digit capacity growth, driven by the introduction of new 737-800s. But a slowdown is sensible given the current overcapacity situation in the Singapore short-haul market, which has led to a steep drop in profits at SilkAir as well as at LCC competitors.
Singapore has seen traffic growth slow significantly over the last year driven by challenges in its previously booming short-haul market. Total passenger traffic at Singapore Changi grew by only 5% in 2013, ending a three-year run of double digit growth, and is on pace to grow by less than 2% in 2014.
Profitability in the Singapore market meanwhile has tumbled driven by losses at Singapore’s three LCCs – Tigerair Singapore, Jetstar Asia and Scoot. Singapore Airlines regional subsidiary SilkAir also has seen profits slide as it has been impacted by the overcapacity and intense competition in Singapore’s short-haul market.
Tigerair, Jetstar Asia and SilkAir have all responded by halting or slowing down expansion. Singapore’s LCC penetration rate has started to slip, ending a decade of steady gains.
Southeast Asian airlines have faced extremely challenging market conditions in 2014, resulting in an alarming amount of red ink. Of the 17 airlines in Southeast Asia that report earnings only four posted operating profits in 1H2014 compared to 12 in 1H2013.
Among the nearly 50 airlines based in Southeast Asia, excluding small regional and charter operators, approximately 80% were not profitable in 1H2014. Losses are likely to continue through at least 3Q2014 but there are indications market conditions will start to improve by 4Q2014 or 1H2015.
Several Southeast Asian airlines have responded to overcapacity by and cutting capacity or slowing their expansion. Markets that have seen political and economic instability are also starting to stabilise.