Singapore Airlines 2005 Annual Report Download - page 28

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Singapore Airlines Cargo
During the year in review Singapore
Airlines Cargo posted a net profit of
$183.8 million; an improvement on
the $175.9 million net profit made
the year before.
SIA Cargo expanded its network to
China and India through new twice-
weekly round-the-world services via
Xiamen and Nanjing to Los Angeles,
and new twice-weekly operations via
Bangalore to Amsterdam. It also
commenced a weekly freighter service
through Bangkok to Osaka and added
a new freighter destination – Nagoya,
which is served twice weekly. A second
service was added to Adelaide as well.
In August 2004, SIA Cargo took
delivery of its 15th Boeing B747-400
freighter. SIA Cargo continues to
recruit its own pilots; a total of 37
Captains, 26 First Officers and 49
cadet pilots joined the company.
Vincent van Gogh, Paul Cézanne,
Auguste Renoir, Edgar Degas, Claude
Monet and Édouard Manet are just
some of the famous artists whose
works flew with SIA Cargo during the
year. Their works were among 90 of
the world's most famous and valuable
Impressionist masterpieces that were
flown from their home at the Museé
d'Orsay in Paris, to the National Gallery
of Victoria in Melbourne, Australia,
for one of the most successful art
exhibitions ever held in Australia.
Months of planning, security and
logistics by SIA Cargo went into
ensuring that the exhibition was
possible. The care and attention
provided by SIA Cargo was in keeping
with these fine works, considered
among the world's most precious art
treasures.
SIA Cargo's handling of the art
works was praised as 'perfect' by the
accompanying couriers from the Museé
d'Orsay, who obviously had the highest
expectations of how their precious
charges should be handled. Managing
such works has enabled Australians to
see some of the finest art in the world
at no fewer than 20 exhibitions in
recent years, all flown in by SIA Cargo.
The 2004 exhibition proved the most
challenging yet, but was well
appreciated by hundreds of thousands
of art lovers from Australia and
elsewhere.
26 SIA Annual Report 04/05
Operating Review