Exactly the point. The A380's are flying profitably, the others are not. That is why 11 percent SQ airplanes are in storage or sold.Blade wrote:err, this is a low margin business there is a big diff between 71.6% and 80%.
Who told you that? 11 percent of SQ's fleet has been withdrawn from service and it has delayed deliveries on more A380's because there are no passengers to put in them.sstan123 wrote:hmmm...been quiet here. SIA should be recruiting again either in Dec or early next year,so I was told.That's good news for us here isn't it?
I may be wrong but let's wait and see. It will be good for this forum as well as the wannabe and myself. I have not conduct any talks for almost a year nowStrong Eagle wrote:Who told you that? 11 percent of SQ's fleet has been withdrawn from service and it has delayed deliveries on more A380's because there are no passengers to put in them.sstan123 wrote:hmmm...been quiet here. SIA should be recruiting again either in Dec or early next year,so I was told.That's good news for us here isn't it?
What's good about spreading unconfirmed hiring rumors? The reality is that SQ, the world's largest airline, and the leader in premium services is taking a serious loss, and it won't get better for quite some time. In that environment, it is hard to see how they would be hiring when they have a lot of trained, retrenched staff that could be brought back on board.sstan123 wrote:I may be wrong but let's wait and see. It will be good for this forum as well as the wannabe and myself. I have not conduct any talks for almost a year nowStrong Eagle wrote:Who told you that? 11 percent of SQ's fleet has been withdrawn from service and it has delayed deliveries on more A380's because there are no passengers to put in them.sstan123 wrote:hmmm...been quiet here. SIA should be recruiting again either in Dec or early next year,so I was told.That's good news for us here isn't it?
You are technically correct. What they did do is force unpaid leave (for up to 2 years - if that isn't the same as retrenchment, what is?), reduced working hours, and pay cuts in lieu of layoffs. Face it, when you mothball 11 percent of your fleet, you've got to have a staff reduction.sstan123 wrote:FYI,SIA did not retrench any staff.
Forced or voluntary it amounts much to the same thing; if staff had not agreed to take voluntary leave then that would have resulted in retrenchments. I don't have the source but I do remember reading SIA had 'mothballed' 17 aircraft. For comparison BA pilots have taken a paycut and its' own cabin crew are taking extended leave here in the UK. An increased share price does not mean the airline will suddenly be back to where it was before the recession. One way to increase shares in most companies is to reduce the wages bill (this is usually the most expensive part of any company but not airlines where fuel is dearer). The money that would have been payed in wages is then payed out in dividends to share holders. The aircraft that have been put out of service have reduced the required fuel.sstan123 wrote:Strong Eagle,SIA did not "forced unpaid leave" on its employee. SIA also did not retrenched its staff this time. Staff went on unpaid leave voluntarily. Get your facts right.
The budget airlines are recruiting because people like me are flying cheap airlines where they used to fly full service airlines. SQ is the top 'premium' airline and they are really hurting for premium customers.EmptyHope wrote:as other budget airline is recruiting nowadays ... let's give high hopes for Singapore Airlines next recruitmenttt... yiihaaaa ^^
Well, dream on. You want to bet some money as to when SQ will next recruit again?sstan123 wrote:Strong Eagle,SIA did not "forced unpaid leave" on its employee. SIA also did not retrenched its staff this time. Staff went on unpaid leave voluntarily. Get your facts right.
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