SIA makes £4.6bn aircraft order

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Singapore Airlines (SIA) has ordered 25 more aircraft for US$7.5 billion (GBP4.6bn).

The deal includes five more Airbus A380s and 20 A350s and are due to be delivered from 2017. SIA already operates 19 A380s and has a previous firm order for 20 A350s, although in the new deal will have to give up five A340-500s and so its US routes. As a result, SIA will stop operating flights between Singapore and LA and Newark from late 2013.

“This major order will provide us with additional growth opportunities and is consistent with our longstanding policy of maintaining a young and modern fleet,” said Goh Choon Phong, CEO of SIA.

“Although disappointing that we will be halting these services, we remain very committed to the US market. Over the past two years we have increased capacity to both Los Angeles and New York by deploying A380 superjumbos on flights via Tokyo and Frankfurt. We will also continue to explore additional options to enhance our US services.,” he added.

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