Business Travel

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).

Finnair, JAL, BA selling joint fares between Europe and Japan

February 4, 2014

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.