Business Travel

JAL and Russia's S7 Airlines to further expand codeshare flights

March 11, 2014

TOKYO - Japan Airlines and S7 Airlines, both members of the oneworld alliance, have agreed to further expand their codeshare flights, adding 12 domestic destinations in Russia from March 19. The new codeshare routes between Moscow (Domodedovo) and domestic cities in Russia includes Saint Petersburg, the second largest city in Russia, and Sochi, host city of the 2014 Winter Olympic and Paralympic Games. (ATI).

SIA’s operating profit up for third quarter in tough market

February 7, 2014

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. (ATI).