16 February 2009

Savage Cuts at SQ - 17 a/c "Decommissioned"

SQ is swinging the ax on its routes. Cutting hard and deep into its route structure. Some routes will be combined. Some stations will see less than daily services. Some routes will lose multiple daily flights including such stalwarts as SIN-LHR. Some markets will actually be suspended such as Vancouver.

Axing 17 aircraft and parking them is a big issue even for and airline the size of SQ. Gone will be mostly 747-400s which are currently flooding the market.

SQ is saying that total capacity cut will be about 11%. They are reporting that freight is off 20%. Ouch.

Cheers

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