SIA Would Not Launch Ultra Long-Haul Flights Today
12 June 2006
Volume 364, Number 50
(c) 2006 McGraw-Hill, Inc.
Given a choice, Singapore Airlines would not launch ultra-long-haul flights today, CEO C. S. Chew told The DAILY. Its Singapore-Los Angeles nonstop service was profitable at the end of 2004, Chew said, but turned negative with the rising fuel costs. SIA operates daily Airbus A340-500 services to Los Angeles and New York with five aircraft.
Does this mean:
1. SQ may cancel its ULR flights and get rid of its 345 and also not considering 772LR, or
2. A345 is not efficient and not able to carry a full load, or
3. Is it just SIN-LAX-SIN not profitable as article seems to indicate?