SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

SIA Chairman: No Intention To Buy Into DJ.. Yet

Fri Jun 28, 2002 9:39 pm

Singapore Airlines Chairman Koh Boon Hwee, has said that Singapore Airlines has no intention at the moment to buy into Virgin Blue or to set up an airline in Australia on behalf of Star Alliance.

When asked if SIA would take a stake in DJ, he said, "Is it possible? Yes, it is possible. But are we considering it now? The answer is no."

He said that SIA instead will concentrate on enhancing it competitive advantage and increasing yields.

"While our S$632 million profit after tax was a very good result considering the prevailing conditions, we must naturally aim for a stronger performance in this financial year, even though yields may be slow to recover," Koh said.

More information at the Dow Jones / Yahoo website
Anyone can fly, only the best Soar.

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos