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SIA To Sell 8 B747-400 Aircraft

Singapore Airlines has signed letters of intent with two airlines to sell eight of its B747-400 passenger aircraft.

The aircraft are scheduled to be delivered between 2006 and 2008; five in 2006, two in 2007 and one in 2008 after their scheduled releases from the SIA fleet. The aircraft will be converted to special freighters under a new passenger-to-freighter conversion programme being developed by Boeing.

Contractual confidentiality prevents SIA from naming the customers and from divulging the prices.

SIA’s operating fleet currently consists of 83 aircraft, comprising 28 B747-400s, 52 B777s and three A340-500s. In addition, 20 aircraft are on firm order, including eight B777s, two A340-500s which are due to enter the fleet later this month, and 10 A380 aircraft, of which SIA will be the launch customer in early 2006. SIA has also placed options for 45 further aircraft.