Singapore Airlines 2005 Annual Report Download - page 17

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SIA Annual Report 04/05 15
THE TRANS-PACIFIC ROUTE
The Australia – USA direct air route is one of
the most protected in the world. It is currently
served by only two airlines – one from Australia,
and one from the USA. An independent study
shows that competition will lead to cheaper
air fares, increase traffic on the route and
boost tourism expenditure in Australia by over
A$125 million per year.
Singapore Airlines is the largest overseas airline
flying to and from Australia, carrying over
2 million passengers a year, and delivering
more than one in every eight inbound arrivals
to Australia. SIA has been serving Australia
for almost 40 years, employs more than 500
Australians and invests hundreds of millions
of dollars in the Australian economy each year.
Singapore Airlines seeks only to access routes
beyond Australia just as Australian carriers
can, and do, access routes beyond Singapore.
It’s time to level the playing field.
Following the conclusion of a Free Trade
Agreement (FTA) between Australia and
Singapore in 2003, SIA stepped up its
campaign to be granted access to the Australia
– USA route. The FTA provides for liberalised
trade in goods and services across all industries
except aviation. It is regrettable that the one
industry that does more to facilitate free trade
cannot, itself, take advantage of the benefits
of the FTA.
Singapore Airlines hopes that the Australian
Government will deliver on its commitment
to establish an Open Skies Agreement soon.