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Hurt by delays, Singapore Air looks to Boeing

Hurt by delays, Singapore Air looks to Boeing

Singapore Airlines Ltd. said it may buy more Boeing Co. 777 airplanes so it can continue to grow if there are further delays with Airbus SAS's A380 superjumbo jet.
"Boeing 777-300ERs in our experience would be a useful alternative to A380s," Chief Executive Officer Chew Choon Seng said in an interview in Istanbul today. "We could upsize the order if there are further delays with the A380," he said.
Singapore Airlines began taking delivery of six 777-300ERs last month and expects to have 10 in service by mid-2007. Chew has said the 278-seat planes will mitigate part of the loss in capacity from the lack of A380s. Other carriers, including Emirates and FedEx Corp., have also turned to the 777 model to replace the A380.
The Singapore-based airline has 10 firm orders for Airbus's 555-seat A380 and said in July it intends to buy nine more. Since then, Airbus has pushed back the delivery date because of wiring problems, and the carrier doesn't expect to get the first of the planes until October 2007, instead of this month as previously planned.
Singapore Airlines placed a US$3.6 billion order in August 2004 for 18 777-300ERs and has the option to buy 13 more. Emirates, Airbus's biggest A380 customer, in October said it planned to lease at least five additional 777s to help compensate for the shortfall in capacity caused by A380 delivery delays.
FedEx said it would cancel its order for 10 freighter versions of the A380 valued at as much as US$2.3 billion and buy 15 777 freighters instead for as much as US$3.6 billion. It was the first order cancellation after Airbus pushed back its A380 delivery schedule for a third time on October 3.


Updated : 2021-10-23 00:45 GMT+08:00