SINGAPORE - The Singapore Airlines Group has reported an operating profit of $151 million in the third quarter of its 2013-14 financial year, $20 million higher (+15.3%) than a year ago. SIA said higher passenger numbers were offset by weaker yields (down 2.7%) in a competitive environment which included unfavourable exchange rate movements. Average jet fuel prices decreased 5.6% on-year. This was partially offset by higher staff and non-fuel variable costs which rose in line with the increase in capacity. www.singaporeair.com (ATI).
SYDNEY - Virgin Atlantic is to withdraw operations between Sydney and Hong Kong from May 5, citing increasing costs and a challenging economic environment. Virgin Atlantic will continue to operate services between London Heathrow and Hong Kong. www,virgin.atlantic.com (ATI).
TOKYO - Finnair and fellow oneworld alliance members Japan Airlines and British Airways are now selling joint fares between Europe and Japan, for travel after April 1, 2014. Currently, Finnair flies daily from Helsinki to Tokyo and five times per week (daily in the northern summer) to Osaka and Nagoya, connecting Japan to more than 50 Finnair destinations in Europe.
DUBAI - Emirates will serve its Moscow route with a double daily A380 flights from August 1. The second A380 will replaces the existing Boeing 777 operation, increasing seat capacity on the route by 15% (ATI).
TOKYO – Japan Airlines is expanding its international services with new international flight slots becoming available at Tokyo (Haneda) Airport. JAL will begin operating new day-time nonstop flights from March 30, 2014 between Haneda and London, Haneda and Paris, Haneda and Singapore and Haneda and Bangkok. Additionally, the airline will use late night and early morning slots to launch new services between Haneda and Ho Chi Minh City.
SINGAPORE - Clive van Deventer has been appointed as General Manager - Accor Vacation Club Asia in a move that signals plans for future growth and activity for the timeshare company in Southeast Asia - following a downturn due to the GFC. He will be based at Accor Vacation Club’s sales centre at the Novotel Nusa Dua Bali.