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Clipping the wings: SIA says goodbye to iconic A380

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Singapore Airlines is saying goodbye to several A380 superjumbo aircraft

Singapore Airlines has revealed that it’s cutting several Airbus A380 aircraft from its fleet, as it tries to bounce back from the financial impact caused by COVID.

Two of the iconic superjumbo’s have been spotted getting demolished in Singapore, another is set to be taken out of service.

According to Singapore Airlines, it will now take around two months to part out the aircraft, with the company’s maintenance department to now work to dismantle all of those aircraft and utilise parts on other in-service aircraft.

Two of the iconic superjumbo’s have been spotted getting demolished in Singapore.

What will be salvaged and saved?

Some reusable aircraft parts such as landing gear and engines will be salvaged alongside internal components, which could be used as spare parts on the airline’s remaining A380 fleet.

This will allow the airline to save money in the future should a spare part be needed.

The aircraft parts will be put towards the Singapore Airlines Upcycling Project which launched earlier this year.

Upcycling is when a used part is turned into something of a higher value. Examples of this could be tin cans that are turned into airplane models or when an aircraft fuselage is turned into key tags.

Singapore Airlines scrapped its first A380s after just a decade of service.

How many aircraft in total will be taken out of service?

Singapore Airlines is scrapping a total of three aircraft at the Changi Exhibition Center.

The two standout aircraft are the Airbus A380s under registrations; 9V-SKG and 9V-SKH.

According to ch-aviation.com, the two jets are aged around 13 years.

Singapore Airlines scrapped its first A380s after just a decade of service.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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