Aviation Diecast


This forum is for all those who loves collecting diecast airplanes... we love this hobby as a part of our daily life.... and we collect diecast so as to fulfill our dream on having a real airplanes in miniature size.
 
HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  RegisterRegister  Log in  
a/d/f is in Facebook now. just type in a/d/f and I ll approve your membership.
Bouraq B737-200 (400 scale) a/d/f exclusive merchandise. For order, please call Ernie at: 0813 13526673

Share | 
 

 SIA’s new budget carrier eyes Seoul

View previous topic View next topic Go down 
AuthorMessage
polar
Coordinator


Posts : 3081
Join date : 2009-09-17

PostSubject: SIA’s new budget carrier eyes Seoul   Tue May 31, 2011 11:57 am

Singapore Airlines said it will start operations of a new no-frills, low-fare airline on medium and long-haul routes within one year, in response to the growing challenge from Southeast Asian rival, Malaysia’s AirAsia X.

AirAsia X, an affiliate of Asia’s largest discount carrier AirAsia, has grabbed market share from Singapore Airlines on routes to London, Paris, Seoul and Tokyo.

“The new airline is being established following extensive review and analysis,” said its chief executive Goh Choon Phong. “As we have observed on short-haul routes within Asia, low-fare airlines help stimulate demand for travel, and we expect this will also prove true for longer flights.”

He noted that the decision to establish the new airline is aimed at expanding passenger volume and catering to growing demand among consumers for low-fare travel.

Singapore Airlines currently operates SilkAir, which mainly operates within Southeast Asia. It also owns 32.9 percent of budget carrier Tiger Airways.

The new airline will be wholly owned by Singapore Airlines but will be operated independently and managed separately from its mother company.

Further details about its branding, products, services and route network have not been disclosed.

The Singapore Airlines decision will increase competition within the Asian budget-carrier sector. AirAsia CEO Tony Fernandes posted a sarcastic message on his Twitter account saying “AirAsia staff should be proud that we have been copied again...Wonder if Singapore Airlines will call it Singapore X.”

The launching of the new low-fare carrier could affect Korean budget carriers because it is considering Seoul as one of its flight destinations.

“Once the low-fare airline is launched, there is a high possibility that it will offer flights to Korea because it is considered a medium and long-haul route,” said an official from Singapore Airlines in Korea.

There are currently five local budget carriers - Jeju Air, Jin Air, Air Busan, Eastar Jet and T-Way - that operate both domestic and international flights to Southeast Asia and Japan.

Among foreign low-cost carriers, AirAsia X started offering flights from Kuala Lumpur to Seoul last November. The Malaysian carrier has been well received in the Korean market and has actively promoted itself online using social networking services like Twitter and Facebook.

According to Azran Osman-Rani, AirAsia X’s chief executive, the carrier’s load factor per flight is around 80 percent. In addition to AirAsia X, Philippine-based Cebu Pacific and Thailand-based Business Air operate flights from Incheon to Cebu and Bangkok, respectively.

When AirAsia X launched its services last year, local budget carriers said they were not worried about the competition because there is little overlap in terms of flight routes. No Korean budget carrier flies to Kuala Lumpur.

But with more foreign budget carriers eyeing the Korean market, their concerns are expected to grow.


_________________

My Collections:
Back to top Go down
http://www.diecastaircraftforum.com/modeldatabase/mycollection/c
Kualabear9
Junior Diecast Aviator
Junior Diecast Aviator


Posts : 95
Join date : 2010-01-24
Location : United States of America

PostSubject: About Time for SIA   Thu Jun 02, 2011 10:17 am

[b]It is about time SIA has competition. I am glad AirAsia doing so well in Asia. SIA has been enjoying no competition for many years. I admit SIA has excellent service but they are getting expensive due to lack of competition. I remember, SIA used to be inexpensive carrier in the 80's and 90's. Good for all Asia vountries with the growing of AirAsia in airlines industry.



polar wrote:
Singapore Airlines said it will start operations of a new no-frills, low-fare airline on medium and long-haul routes within one year, in response to the growing challenge from Southeast Asian rival, Malaysia’s AirAsia X.

AirAsia X, an affiliate of Asia’s largest discount carrier AirAsia, has grabbed market share from Singapore Airlines on routes to London, Paris, Seoul and Tokyo.

“The new airline is being established following extensive review and analysis,” said its chief executive Goh Choon Phong. “As we have observed on short-haul routes within Asia, low-fare airlines help stimulate demand for travel, and we expect this will also prove true for longer flights.”

He noted that the decision to establish the new airline is aimed at expanding passenger volume and catering to growing demand among consumers for low-fare travel.

Singapore Airlines currently operates SilkAir, which mainly operates within Southeast Asia. It also owns 32.9 percent of budget carrier Tiger Airways.

The new airline will be wholly owned by Singapore Airlines but will be operated independently and managed separately from its mother company.

Further details about its branding, products, services and route network have not been disclosed.

The Singapore Airlines decision will increase competition within the Asian budget-carrier sector. AirAsia CEO Tony Fernandes posted a sarcastic message on his Twitter account saying “AirAsia staff should be proud that we have been copied again...Wonder if Singapore Airlines will call it Singapore X.”

The launching of the new low-fare carrier could affect Korean budget carriers because it is considering Seoul as one of its flight destinations.

“Once the low-fare airline is launched, there is a high possibility that it will offer flights to Korea because it is considered a medium and long-haul route,” said an official from Singapore Airlines in Korea.

There are currently five local budget carriers - Jeju Air, Jin Air, Air Busan, Eastar Jet and T-Way - that operate both domestic and international flights to Southeast Asia and Japan.

Among foreign low-cost carriers, AirAsia X started offering flights from Kuala Lumpur to Seoul last November. The Malaysian carrier has been well received in the Korean market and has actively promoted itself online using social networking services like Twitter and Facebook.

According to Azran Osman-Rani, AirAsia X’s chief executive, the carrier’s load factor per flight is around 80 percent. In addition to AirAsia X, Philippine-based Cebu Pacific and Thailand-based Business Air operate flights from Incheon to Cebu and Bangkok, respectively.

When AirAsia X launched its services last year, local budget carriers said they were not worried about the competition because there is little overlap in terms of flight routes. No Korean budget carrier flies to Kuala Lumpur.

But with more foreign budget carriers eyeing the Korean market, their concerns are expected to grow.

love love love love love goodz goodz goodz
Back to top Go down
 
SIA’s new budget carrier eyes Seoul
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Simple red eyes combo
» JEEPERS, PEEPERS... WHERE'D YA GET THOSE EYES
» Gerard Butler Eyes His Next Prey
» budget predictions
» Red-Eyes Deck (KCVDS & WC10)

Permissions in this forum:You cannot reply to topics in this forum
Aviation Diecast :: Aviation Corner :: Aviation News-
Jump to: