Singapore Airlines 2007 Annual Report Download - page 15

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Singapore Airlines 13 Annual Report 2006-07
Singapore Airlines achieved a profi t attributable to equity holders of
$2.13 billion for the fi nancial year ending 31 March 2007.
The Year In Review
During the year, Singapore Airlines grew its route network
by launching new destinations, increasing frequencies on
existing routes and expanded codeshare alliances with
partner airlines.
The Airline welcomed a new aircraft type – the
Boeing 777-300ER (Extended Range) – to its fl eet and
placed new orders for next-generation aircraft. These
new orders will cater to the Airline’s regional, medium
and long-haul growth while adhering to the Airline’s
policy of operating a young and modern fl eet.
OPERATING REVIEW
The year in review also marked a signifi cant milestone in
the Airline’s history with the launch of its new generation
cabin products, raising industry standards for premium
air travel.
As a drive to become a more productive and cost-
effective organisation, the Airline divested its interests
in some non-core assets and continued to review business
processes to ensure that functions are provided in the
most effi cient and effective way.