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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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Biden is “discussing” support for Israel over Iran oil strike

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The Biden administration believes it’s still “appropriate” for Israel to continue its ground and air attacks on Hezbollah.

The Middle East is a tinder box as Israel retaliates to Iran’s bombing earlier this week as well as fighting Hamas, Hezbollah and the Houthis in Gaza, Lebanon and Yemen. But what are the economic and geo-political implications? #featured #trending

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Defence shares rise to record high following Middle East attacks

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Stocks retreated Tuesday, with rising tensions in the Middle East cooling investor momentum after a strong quarter.

Oil prices eased and stocks recovered some ground after initial reports, as hopes grew that damage from the attack and any Israeli response would remain limited.

This market drop underscores the delicate balance between geopolitical risk and economic optimism. #featured #trending

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U.S. Feds in no ‘hurry’ to cut rates as confidence in economy grows

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Fed Reserve Chair Jerome Powell indicated the U.S. central bank was not “in a hurry” after new data boosted confidence in ongoing economic growth and consumer spending.

Fed Chair Jerome Powell says “disinflation has been broad-based,” and recent data suggests progress towards the Fed’s 2% inflation target.

Powell says the Fed is not rushing to lower rates but will make decisions based on how the economy evolves.

When asked about rate cuts, Powell says it’s a process that will “play out over time,” signalling a steady but cautious approach. #featured #trending

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