Singapore Airlines' Competition Rises
The airline is losing out to Middle East rivals and discounters
www.businessweek.com
Airlines advised not to hike fares: DGCA
New Delhi, May 11 (IANS) Amidst crises in Air India and Kingfisher Airlines, the aviation regulator has warned other airlines not to hike fares, a day after the Rajya Sabha was rocked over the issue of rising cost of air travel.
in.news.yahoo.com
Singapore Air posts 1Q loss amid higher fuel costs
Singapore Airlines Ltd. posted its first loss since 2009 in the first quarter as higher fuel prices sent costs up.
news.yahoo.com
Cathay Pacific Says Economy Fares Down as Much as 10% This Year
Cathay Pacific Airways Ltd. (293) , Asia ’s biggest international carrier, said economy fares have dropped between 8 percent and 10 percent this year as economic uncertainties sap travel demand.
www.bloomberg.com
Asian premium airlines' plight
PREMIUM airlines in Asia are rethinking their strategies and slashing costs as high fuel prices, global economic uncertainty and pressure from Middle East and budget carriers squeeze profits. Singapore Airlines (SIA) reported on Wednesday that its net profit for the financial year ended in March tumbled 69 per cent to S$336 million (RM824 million), weighed down by a rare loss in the fourth ...
www.btimes.com.my
Cathay Pacific, Singapore Air Slump as Fuel Hits Earnings (Update 1)
Cathay tumbled 6.3 percent to HK$12.52 at the close in Hong Kong, the biggest drop since December 2010, after cutting growth plans and predicting “disappointing” first-half earnings.
www.bloomberg.com
Premium Asian airlines hit by fuel prices, budget carriers
SINGAPORE - Premium airlines in Asia are rethinking their strategies and slashing costs as high fuel prices, global economic uncertainty and pressure from Middle East and budget carriers squeeze profits. Singapore Airlines (SIA) reported Wednesday, May 9, that its net profit for the financial year ended in March tumbled ...
www.rappler.com
Low-cost airline debuts daily Kuala Lumpur-Jakarta flight
LOW-COST carrier Mandala Airlines now flyes directly to Jakarta from Kuala Lumpur.
thestar.com.my
Distribution Strategies
Scoot flies the simple route but will the smile stick? In Asia the low-cost model is relatively undeveloped. Enter Scoot, Singapore Airlines’ attempt to address the no-frills market.
www.eyefortravel.com
PAL starts 'all-in, low fare' promo
MANILA, Philippine - Philippine Airlines is offering an all-in, low fare promo for all of its domestic flights and selected international flights.
www.abs-cbnnews.com
