Singapore Airlines Ltd. (SIA) receives its 19th Airbus SAS A380 Wednesday, leaving the biggest buyer of jumbo jets with none on order for the first time in 30 years.
The handover for the 409-seat aircraft in Toulouse, France, comes as the airline builds future growth around smaller long- haul planes amid falling passenger numbers and competition from Gulf carriers. The company is also boosting its focus on regional routes with unit SilkAir ordering 54 Boeing Co. (BA) 737 planes because of rising Asian travel.
“Singapore Air probably won’t be spending so much on long- haul now,” said Rigan Wong, an analyst at Citigroup Inc. in Hong Kong. “It doesn’t make sense in terms of the economic growth story.”
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