Singapore Airlines' North America service tops pre-COVID level
Singapore Airlines now operates more flights to North America than in the pre-pandemic period, pulling far ahead of Cathay Pacific of Hong Kong, the city-state's rival trans-Pacific aviation hub in Southeast Asia. Singapore's flag carrier serviced at least 532 flights between its home country and North America in June, according to British analytics firm Cirium, exceeding the last peak in January 2020 by about 5%. Singapore Airlines "is the sole operator of direct flights to many destinations in the Americas," said Jason Sum, analyst at DBS Bank, who added that the carrier "generally enjoys higher margins on long-haul flights" when seat occupancy rates are elevated. The airline's carrying capacity to North America -- the number of available seats times the distance -- was 13% higher in June than in January 2020 on growing demand for both business and leisure trips. Seat occupancy ratio hit 87% for flights to the Americas in May. For Singapore, the US is the single biggest source of direct investments. Flights to the US accounted for 15% to 20% of Singapore Airlines' total pre-COVID revenue, according to DBS estimates, roughly on par with greater China, its main market. This recovery is happening while Tokyo and Seoul maintain border restrictions, giving Singapore a ripe opportunity to establish itself as the dominant gateway between North America and Southeast Asia. Singapore has long competed as a major hub with Hong Kong, which is now seeing an exodus of companies from the US and other major economies. Cathay Pacific, Hong Kong's leading carrier, only serviced 130 flights to North America in June, plunging nearly 90% from January 2020 due to strict border restrictions. A direct flight from Singapore to New York's John F. Kennedy International Airport takes over 18 hours. In March, Singapore Airlines resumed flights to Newark Liberty International Airport, which serves the metropolitan area. Roundtrip flights to greater New York now number three a day, an all-time high for the carrier.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-07-01/star/singapore-airlines-north-america-service-tops-pre-covid-level
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Singapore Airlines' North America service tops pre-COVID level
Singapore Airlines now operates more flights to North America than in the pre-pandemic period, pulling far ahead of Cathay Pacific of Hong Kong, the city-state's rival trans-Pacific aviation hub in Southeast Asia. Singapore's flag carrier serviced at least 532 flights between its home country and North America in June, according to British analytics firm Cirium, exceeding the last peak in January 2020 by about 5%. Singapore Airlines "is the sole operator of direct flights to many destinations in the Americas," said Jason Sum, analyst at DBS Bank, who added that the carrier "generally enjoys higher margins on long-haul flights" when seat occupancy rates are elevated. The airline's carrying capacity to North America -- the number of available seats times the distance -- was 13% higher in June than in January 2020 on growing demand for both business and leisure trips. Seat occupancy ratio hit 87% for flights to the Americas in May. For Singapore, the US is the single biggest source of direct investments. Flights to the US accounted for 15% to 20% of Singapore Airlines' total pre-COVID revenue, according to DBS estimates, roughly on par with greater China, its main market. This recovery is happening while Tokyo and Seoul maintain border restrictions, giving Singapore a ripe opportunity to establish itself as the dominant gateway between North America and Southeast Asia. Singapore has long competed as a major hub with Hong Kong, which is now seeing an exodus of companies from the US and other major economies. Cathay Pacific, Hong Kong's leading carrier, only serviced 130 flights to North America in June, plunging nearly 90% from January 2020 due to strict border restrictions. A direct flight from Singapore to New York's John F. Kennedy International Airport takes over 18 hours. In March, Singapore Airlines resumed flights to Newark Liberty International Airport, which serves the metropolitan area. Roundtrip flights to greater New York now number three a day, an all-time high for the carrier.<br/>
