Shares of Singapore Airlines dropped after the city-state's flag carrier reported a fall of almost 50% in net profit for the April to September period, citing lower yields and growing competition. As markets opened on Monday, the stock fell 6.2%, before later recovering to trade lower at 3.72%.
Singapore Airlines plans to add a four-seat first class to its Airbus A350-900 ultra-long range aircraft that are used on routes like the more than 18-hour flight between New York and Singapore. The carrier also plans to grow its business class cabin on those aircraft, and retrofit other long-range Airbus A350s with new seats.
Singapore Airlines (SIA) said on Friday it has received approval from the Indian government for foreign direct investment, as part of a merger in which Vistara, its 49%-owned joint venture with Tata, will be absorbed into Air India.
KUALA LUMPUR, Malaysia (AP) — Singapore Airlines said Tuesday it has offered compensation to passengers of a flight that hit extreme turbulence last month, in a rare case that killed one passenger and injured dozens.
Singapore Airlines has offered compensation to passengers of the ill-fated flight SQ321, which was hit by extreme turbulence that resulted in the death of one passenger. Passengers who sustained minor injuries from the incident have been offered $10,000, while those who sustained more serious injuries, have been invited to discuss their compensation offer.
The recent Singapore Airlines turbulence incident and how the aftermath was handled serves as a lesson to all in the industry, said Emirates President Timothy Clark. A Singapore Airlines flight encountered severe turbulence on its way from London to Singapore on May 21, leaving one person dead and several injured.
The Singapore Airlines flight that last week encountered severe turbulence on its way from London to Singapore dropped 54 meters in iless than five seconds. One person died of a suspected heart attack and many of the 211 passengers and 18 crew members onboard were injured.
Forty three people who were on board a Singapore Airlines flight that hit severe turbulence remain hospitalised in Bangkok four days after the emergency, a hospital in the Thai capital said on Saturday.
Singapore Airlines reportedly altered its in-flight seatbelt rules and changed at least one flight route following Tuesday's turbulence incident which killed one and hospitalized dozens more. The airline will no longer provide hot drink and meal services when the seatbelt sign is on as part of its new, "more cautious approach" to turbulence, it told Channel News Asia on Thursday.
Twenty people who were aboard a Singapore Airlines flight that hit severe turbulence and diverted to Bangkok for an emergency landing on Tuesday remain in intensive care, a hospital official said on Thursday.
Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight.
Passengers on the Singapore Airlines flight that descended sharply after encountering severe turbulence described the “sheer terror" of the aircraft "shuddering" midair.