SilkAir, the regional wing of Singapore Airlines, and Boeing signed (03-Aug-2012) a LoI to purchase up to 68 new aircraft from Boeing. The order is the largest in SilkAir’s history and remains subject to the negotiation of a final purchase agreement. It will comprise firm orders for 54 aircraft and purchase rights for another 14. Firm orders will comprise 23 737-800s and 31 737 MAX 8s. SilkAir will have the flexibility to switch to other variants within the 737 product range. The firm-ordered aircraft are valued at USD4.9 billion based on current Boeing list prices. Deliveries are due to begin in 2014 and continue to 2021, by which time the airline’s fleet will have more than doubled in size. SilkAir currently operates 21 A319s and A320s, with three more A320s due for delivery by the end of 2013. The new aircraft will cater for both growth and fleet renewal. SilkAir CEO Marvin Tan said the size of the order reflects the airline’s confidence in the Asia Pacific air travel market, helping the carrier maintain annual double-digit percentage growth rates through the end of this decade and beyond. “We continue to see very strong growth within the region and these new aircraft will position SilkAir well. They will enable us to spread our wings to even more destinations and increase capacity on existing routes, contributing to the overall SIA Group network,” Mr Tan said, adding "the selection of the B737 follows detailed evaluations and extensive negotiations with both Airbus and Boeing". [more - original PR - Boeing] [more - original PR - SilkAir]
SilkAir confirms commitment to order 31 737 MAX 8s and 23 737-800s
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
SIA Group continues China expansion with new Dalian and Fuzhou services from Scoot and SilkAir
The Singapore Airlines (SIA) Group is continuing to pursue rapid expansion in China with the launch of services to Dalian by Scoot and to Fuzhou by SilkAir. The addition of Dalian and Fuzhou will extend the group’s Chinese network to 25 destinations in Nov-2016.
Scoot launched Shenyang as a one-stop service via Qingdao in 2013; it is now upgrading the route to nonstop. Shenyang will give Singapore Changi 25 nonstop destinations in China – more than any other airport in Southeast Asia. Fuzhou is already served from Singapore, while Dalian will initially be served as a one-stop product via Qingdao.
Maintaining a leading network in China is an important component of the current SIA Group strategy. It is also essential, since SIA is unable to codeshare on domestic services within China due to regulatory restrictions.