Wednesday, October 24, 2012
Singapore Airlines to Order Airbus A380s, A350 XWBs
Singapore Airlines (SIA) ordered five Airbus A380s and 20 A350-900s, a value of $7.5 billion. Aircraft deliveries are expected to begin in 2017.
Airbus has agreed to acquire SIA’s five A340-500s, with plans to remove the aircraft from service in the fourth quarter 2013.
“This major order will provide us with additional growth opportunities and is consistent with our long-standing policy of maintaining a young and modern fleet. It demonstrates our commitment to the Singapore hub, and our confidence in the strength of the market for premium full-service travel,” said Goh Choon Phong, CEO of SIA.
(Singapore Airlines A350-900)