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Singapore Airlines 31 Annual Report 2006-07
SIAEC has commenced the construction of Hangar 6
at Singapore Changi Airport. The hangar, which will be
operational in 2008, will be specially equipped to handle
the A380, providing SIAEC the opportunity to build its
capabilities to service this new aircraft.
In August 2006, SIAEC became the second company in
the world to enter the B747-400 Passenger-to-Freighter
(PTF) conversion business. In January 2007, it successfully
completed its fi rst B747-400 PTF conversion for Hong
Kong’s Dragonair Cargo, making it one of the fi rst PTF
conversions in the world to be completed.
Through the year, the company continued to secure new
customers for its airframe, component, line maintenance
and fl eet management programme business.
Singapore Airlines Cargo
Singapore Airlines Cargo (SIA Cargo) made a profi t of
$31 million during the year in review.
In May 2006, SIA Cargo expanded its network to China
with the commencement of twice-weekly services to
Tianjin. The carrier further expanded its reach to the
African continent by launching a freighter service to the
capital of Kenya, Nairobi, in March 2007.
OPERATING REVIEW
During the year in review, SIA Cargo secured several key
global accounts with organisers of major international
events. A total of 14 charter fl ights were operated for
four Formula One races, including three charters carrying
racing vehicles and media equipment in and out of Sao
Paulo, Brazil. Five charter fl ights carrying motor bicycles
were also operated for MotoGrand Prix races in Japan,
Malaysia and Doha.
SIA Cargo was also selected by NOKIA Corporation for
the third successive year as one of its preferred carriers
for its intra-Asia and Asia to South-Pacifi c and Middle-East
distribution.
In 2006, SIA Cargo was one of the fi rst few airlines in the
world to participate in the IATA e-freight project. It aims
to improve effi ciency across the logistics supply chain
through a paperfree environment. As a member of the
IATA e-freight Industry Action Group, the airline together
with four other airlines is working on a pilot programme
in implementing e-freight by end 2007. The countries
involved in the pilot programme are Singapore,
Hong Kong, Canada, UK and the Netherlands.