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Singapore Airlines 16 Annual Report 2006-07
Fleet
OPERATING REVIEW
Following the conclusion of a comprehensive evaluation of proposals
from Boeing and Airbus, Singapore Airlines placed orders with both
manufacturers to cater for fl eet renewal and growth in future years.
During the year in review, nine new Boeing 777-300ER
aircraft joined the operating fl eet. These deliveries raised
the number of Boeing 777 aircraft in the Airline to 67,
reaffi rming its position as the world’s largest operator
of the Boeing 777 family.
Five Boeing 747-400s left the operating fl eet.
The Airline placed a fi rm order for 20 new Boeing
787-9s, (with purchase rights for another 20), for delivery
between 2011 and 2013. The -9 variant of the popular
B787 features a longer range and larger cabin than other
models. These aircraft will be used mainly on medium
range routes.
In addition, an order was placed for 20 Airbus A350
XWB-900s, (with options for a further 20), for delivery
from 2013. The Airline also increased its order for the
Airbus A380 jumbo, from 10 to 19 aircraft, with options
for a further six.
To cater for capacity growth before the new B787-9s
and A350 XWB-900s are available, the Airline will lease
19 A330-300s from Airbus, with deliveries between 2009
and 2011.
At list prices, the orders, excluding options, represent
commitments of over US$12 billion, and position
Singapore Airlines as a leading customer for new aircraft
types being developed and offered by Airbus and Boeing.
Delays to the initial deliveries of the A380s constrained
capacity growth during the year in review. The scheduled
delivery of the fi rst A380 in December 2006 did not
occur, and is delayed to October 2007, with subsequent
deliveries similarly late. Singapore Airlines held discussions
with Airbus on the impact of these delays on the Airline’s
growth plans, and in December 2006, agreed on the terms
of compensation with Airbus over the delays. The terms of
the settlement are confi dential between the parties.
The passenger fl eet operated by the Airline, as at
31 March 2007, comprised 94 aircraft, with an average
age of six years and three months.
The freighter fl eet of Singapore Airlines Cargo, as at
31 March 2007, comprised 14 B747-400 Freighters, with
an average age of six years and four months.
SilkAir’s fl eet, as at 31 March 2007, consisted of eight
Airbus A320 and fi ve Airbus A319, with an average age
of fi ve years.