The Business Bytes
TBB BUREAU
BHUBANESWAR, FEBRUARY 16, 2022
Singapore Airlines (SIA) has firmed up an order for seven Airbus A350F freighters, with options for five more aircraft.
The A350Fs will replace SIA’s seven Boeing 747-400F freighters. The Airline will be the first carrier to operate this new generation wide body freighter aircraft when deliveries begin in the fourth quarter of 2025.
Airbus Chief Commercial Officer and Head of International Christian Scherer (centre right) presenting an A350F aircraft model to SIA Chief Executive Officer Goh Choon Phong (centre left) at the signing of the agreement, held at the Singapore Airshow 2022 on 16 February 2022.
The A350F deal with Airbus includes a swap with 15 A320neo and two A350-900 passenger aircraft in the SIA Group order book. This allows SIA to manage its capital expenditure while continuing with its essential freighter renewal programme.
The agreement was signed today at the Singapore Airshow 2022 by Singapore Airlines Chief Executive Officer Goh Choon Phong and Chief Commercial Officer and Head of International, Airbus Christian Scherer.
“This order underscores the importance of the cargo market to the SIA Group. The introduction of the A350F will enhance our capabilities in this key sector, ensuring that we are ready for the growth opportunities that will arise in the coming years. These new-generation aircraft will substantially increase our operating efficiencies and reduce our fuel burn, making an important contribution towards the success of our long-term decarbonisation goals,” said Goh Choon Phong.
The A350F burns up to 40% less fuel on similar missions to the 747-400F, reducing SIA’s carbon emissions by around 400,000 tonnes annually. This supports the SIA Group’s goal of achieving net zero carbon emissions by 2050.The A350F is powered by Rolls-Royce TrentXWB-97 engines.
The range and payload of the A350F will provide SIA with greater flexibility in its freighter deployment, bolstering its cargo business and cementing its leading position in the sector.SIA has strengthened its cargo capabilities over the last few years in key segments including e-commerce, fresh produce, and pharmaceuticals. It has also rolled out several digital initiatives that provide greater value and options for customers.
