Singapore Changi Airport
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- Other airports serving Singapore
- Singapore Seletar Airport
- 4000m x 60m
2748m x 59m
- Airlines currently operating to this airport with scheduled services
- Air China
Air Hong Kong
Air India Express
All Nippon Airways
Cargolux Airlines International
Cebu Pacific Air
China Eastern Airlines
China Southern Airlines
Delta Air Lines
Golden Myanmar Airlines
Hong Kong Airlines
KLM Royal Dutch Airlines
Myanmar Airways International
Nippon Cargo Airlines
Royal Brunei Airlines
Transmile Air Services
Tri MG Airlines
Yangtze River Express
- Airlines currently operating to this airport via codeshare
- Aegean Airlines
Air New Zealand
CSA Czech Airlines
LOT Polish Airlines
Royal Air Maroc
South African Airways
Virgin Atlantic Airways
Singapore Changi Airport serves the country of Singapore and ranks among the busiest airports in Asia. Hosting regional, international and cargo services for over 40 airlines, the airport is a hub for airlines including Singapore Airlines, Jetstar Asia, SilkAir, Tiger Airways and Qantas.
Location of Singapore Changi Airport, Singapore
Ground Handlers servicing Singapore Changi Airport
3,337 total articles
153 total articles
(updated following 13-Nov-2013 analyst briefing to include additional comments on SIA yields, Scoot and joint venture with Tata)
Singapore Airlines (SIA) has reported higher profits for the three months and fiscal first half ending 30-Sep-2013. But the carrier’s operating margin was once again low, particularly by SIA standards, as it continues to see a drop in yields.
Market conditions for SIA remain unfavourable. Competition in Southeast Asia has been intensifying while the cargo and long-haul passenger markets remain relatively weak. But the group has been trying to position itself for higher growth and profitability over the long term through a series of major strategic changes.
The last of several major strategic initiatives came towards the end of the most recent quarter as SIA unveiled plans to launch a joint venture full-service carrier in India with Tata. The new Indian carrier, which is expected to launch in 2014, follows the 2012 launch of Singapore-based long-haul low-cost carrier Scoot and an acceleration of expansion at regional full-service subsidiary SilkAir. Scoot is not yet profitable and SilkAir has seen its profitability decline in recent months but over the long-run the SIA Group will have a stronger portfolio with a potential for a return of higher profits.
SIA, Jetstar & Tigerair drive Myanmar-Singapore growth but visa restrictions remain major impediment
The Myanmar-Singapore market is facing potential over-capacity as more flights are added, led by low-cost carriers. Tigerair launched services to Yangon in Oct-2013 while Jetstar Asia and Golden Myanmar have both unveiled plans to add capacity on the Yangon-Singapore route.
Passenger numbers between Myanmar and Singapore have increased by about 50% over the last two years. But capacity levels are now up nearly 100%.
Without a waiver of current visa restrictions it is unlikely the market will be able to absorb the additional capacity. Singapore has not approved a proposal from Myanmar to lift visa restrictions although Myanmar is the only Southeast Asian country for which Singapore requires visas. A visa free environment is particularly important for the LCCs, which are eager to stimulate demand on the Yangon-Singapore route.
Tigerair & Scoot poised for expansion in under-penetrated Singapore-China market as Jetstar retracts
The Singapore-China market has huge potential for low-cost carriers, which currently only account for 19% of capacity between the two countries. But the market has proven to be challenging for Jetstar, which is cutting two more Singapore-China routes and reducing the LCC group’s capacity share to an insignificant 3% compared to 10% two years ago.
Expansion from Tigerair and Scoot has filled some of the void left by Jetstar. But total LCC capacity and the LCC penetration rate in the Singapore-China market is on the decline, dropping to only 16% in Jan-2014.
Singapore’s overall LCC penetration is now 31% and is continuing to rise. The relatively low penetration in the Singapore-China market is surprising, particularly as the market enjoys open skies. But the long-term potential is there for more LCC services.
Tigerair challenges continue as losses are recorded in Australia, Indonesia, Philippines & Singapore
Tigerair continues to face challenges, with all four of the group’s carriers reporting operating losses for the three months ending 30-Sep-2013. Tigerair’s outlook remains relatively bleak as it continues to expand despite intense competition in all four of its home markets.
Tigerair Singapore has struggled to maintain yields and load factors as it has expanded capacity this year at a clip exceeding 25%. While Tigerair has succeeded at becoming the largest LCC brand in Singapore, with a now sizeable gap over Jetstar and AirAsia, its operation in Singapore has slipped into the red for the first time since early 2012 due to over-capacity.
Tigerair Australia, Tigerair Mandala (Indonesia) and Tigerair Philippines remain unprofitable. The group is bullish on their prospects but over the short term the potential for profitability is slim.
Scoot has unveiled plans to launch service to Perth, which will become the Singapore Airlines long-haul low-cost subsidiary’s 12th and final destination to be served as part of its initial six-aircraft 777-200 operation. Scoot has quickly expanded since launching in Jun-2012 but after placing into service its sixth 777 in Nov-2013 will take a one-year hiatus from expanding until its first of 20 787s arrive in late 2014.
In an unusual but logical move, Scoot has decided to lease its sixth 777 from SIA and keep the aircraft in SIA configuration. This enables the carrier to save on retrofit costs but will lead to higher per seat costs until the aircraft is replaced with a 787-8 in 2015.
Scoot has emerged as an important tool to expand SIA’s already leading presence in the key markets of Australia and Greater China. Perth will be Scoot’s third Australian destination while its other previously announced new upcoming destination, Hong Kong, will be Scoot’s sixth destination in Greater China. The carrier also serves Bangkok, Seoul and Tokyo.
Golden Myanmar Airlines is preparing for a major expansion phase as the low-cost start-up carrier adds over the next five months a second A320 and two ATR 72-600s.
The additional capacity will be primarily used to expand Golden Myanmar’s domestic network, which currently consists of just one route. The carrier will also add capacity on its only two international routes, Yangon to Bangkok and Singapore, but has decided against launching new scheduled international services in this phase of its development.
As Myanmar’s first LCC, Golden Myanmar is well positioned to take advantage of the huge opportunities in its local market. But there are also challenges as intense competition in the Myanmar market has resulted in over-capacity in most domestic and international routes.
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