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2012-10-26

Singapore Airlines orders 25 Airbus widebodies valued at $7.5 billion

Singapore Airlines orders 25 Airbus widebodies valued at $7.5 billion

2012-10-25 Author: Source:ATWonline Traffic:676

Singapore Airlines (SIA) has agreed to order 20 Airbus A350-900s and five A380s valued at $7.5 billion at list prices. Deliveries are slated to start in 2017.


Including the latest order, SIA now has 40 A350s and 24 A380s either in service or on order. It was the launch customer for the A380, taking delivery of the first in 2007, and currently operates 19.


“This major order will provide us with additional growth opportunities and is consistent with our longstanding policy of maintaining a young and modern fleet,” SIA CEO Goh Choon Phong said in a statement.


Additionally, SIA said that part of the deal with Airbus includes the manufacturer buying back SIA’s five A340-500s, which the carrier plans to remove from service in the 2013 fourth quarter. “This will result in the cessation of nonstop flights between Singapore and Los Angeles and between Singapore and Newark,” SIA stated.


Goh added, “Although disappointing that we will be halting these services, we remain very committed to the US market.”

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