Singapore Airlines 2004 Annual Report Download - page 12

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Significant Events
April 2003
•SIA announces service cutbacks of
up to 19.7 per cent due to SARS
and war in Iraq
•206 Cabin Crew trainees released
May 2003
•Singapore Airlines Cargo starts
direct freighter services from China
to the US three times a week
•Service cutbacks rise to 29.5 per
cent to cope with softening demand
June 2003
•Last A310 aircraft phased out of
the SIA operating fleet
•414 Singapore-based office and
airport staff and engineering
personnel retrenched
•Service cutbacks peak at 31.5 per
cent of pre-SARS capacity
July 2003
•Management and unions reach
agreement on wage restructuring
•Raffles Class SpaceBeds installed on
all Boeing 777-200ER aircraft
•SIA records first quarter loss of
$312 million
•26 pilots and 156 cabin crew either
retrenched or have their contracts
terminated
August 2003
•SIA launches thrice-weekly services
to Bangalore
•SIA takes delivery of its 50th Boeing
777 aircraft
October 2003
•SIA Group records second quarter
profit of $306 million, resulting in a
half-year deficit of $6.5 million
10 SIA Annual Report 03/04