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Singapore Airlines’ first Boeing 787-10 to serve Osaka

Published : Tuesday, 13 February, 2018 at 12:00 AM Count : 100

Feb 12: Singapore Airlines (SIA) has announced Osaka will be the first scheduled  destination for its new Boeing 787-10 fleet, with services expected to begin in May 2018.
SIA will be the world's first airline to operate the 787-10. SIA has 49 Boeing 787-10s on firm order, with the first aircraft due for delivery from Boeing's North Charleston, South Carolina production facility in March 2018.
Prior to the introduction of regular services to Osaka, the 787-10s will be operated on selected Bangkok and Kuala Lumpur flights for crew training purposes.
SIA will also debut its highly-anticipated new regional cabin products on its 787-10s, fitted with 337 seats in two classes, with 36 seats in Business Class and 301 seats in Economy Class. More details will be revealed at a later date.
Measuring 68 meters in length, the 787-10 is the longest variant of Boeing's Dreamliner range of aircraft, which are constructed using technologically advanced lightweight composite materials.
In addition to the 49 firm orders for 787-10s, the airline has a firm order with Boeing for 20 777-9s, which are due for delivery from the 2021/22 financial year.    AirlinersGallery.com



Singapore sees tourism industry hitting record highs in 2017
SINGAPORE, Feb 12: Singapore Tourism Board announced on Monday that both tourism receipts and visitor arrivals of Singapore for 2017 attained record highs for the second time in two years.
The authority said in a media release that the city-state's tourism receipts was estimated to rise 3.9 per cent last year to 26.8 billion Singapore dollars (about 20.21 billion US dollars), due primarily to growth in visitor arrivals across all top 10 markets and higher visitor arrivals from high-spending markets such as China, South Korea, the United States and Britain.
The authority also said the visitor arrivals to Singapore increased 6.2 per cent to 17.4 million in 2017, with 13 of the top 15 markets showing growth.
In the year, visitor arrivals from Chinese mainland grew 13 per cent, and the tourism receipts brought by them grew 10 per cent. According to local media, it is the first time for Chinese mainland to replace Indonesia as the largest visitor arrival market of Singapore.    Xinhua



QANTAS Airways to start Melbourne-Denpasar service
Feb 12: QANTAS Airways has announced it will begin a new daily Melbourne - Denpasar (Bali) service from June 23, 2018.
Operated by a Boeing 737-800 aircraft, the new QANTAS route comes as Jetstar increases its Melbourne-Bali flights from ten per week to twice daily.
This announcement complements QANTAS' year round daily Sydney - Denpasar service and reflects strong demand from customers who want a full-service experience travelling to one of Australia's most popular holiday destinations.
QANTAS' Melbourne - Denpasar service will be operated by a two-class Boeing 737 aircraft, with a checked baggage allowance, inflight entertainment and food and drinks all included as part of the fare.
Together with Jetstar the Qantas Group will now offer customers 84 return services to Bali from across Australia - the largest international airline group to operate into the island.
    AirlinersGallery.com




Soaring US exports to China transform oil game
Feb 12: BIT by bit, the US petroleum industry is turning world oil markets inside out.
First, sharp drops in US imports of crude oil eroded the biggest market that producers like Opec had relied on for many years. Now, surging US exports largely banned by Washington until just two years ago - challenge the last region Opec dominates: Asia.
US oil shipments to China have surged, creating trade between the world's two biggest powers that until 2016 just did not exist, and helping Washington in its effort to reduce the nation's huge trade deficit with China.
The transformation is reflected in figures released in recent days that shows the US now produces more oil than top exporter Saudi Arabia and means the Americans are likely to take over the No.1 producer spot from Russia by the end of the year.
The growth has surprised even the official US Energy Information Administration, which this week raised its 2018 crude output forecast to 10.59 million bpd, up by 300,000 bpd from their last forecast just a week before.
When US oil exports appeared in 2016, the first cargoes went to free trade agreement partners South Korea and Japan. Few expected China to become a major buyer.
Data in Thomson Reuters Eikon shows US crude shipments to China went from nothing before 2016 to a record 400,000 barrels per day (bpd) in January, worth almost $1 billion. Additionally, half a million tonnes of US liquefied natural gas (LNG) worth almost $300 million, headed to China from the US in January.
The US supplies will help reduce China's huge trade surplus with the US and may help to counter allegations from US President Donald Trump that Beijing is trading unfairly.
"With the Trump administration, the pressure on China to balance accounts with the US is huge... Buying US oil clearly helps toward that goal to reduce the disbalance," said Marco Dunand, chief executive and co-founder of commodity trading house Mercuria. As the energy exports rose, China's January trade surplus with the United States narrowed to $21.895 billion, from $25.55 billion in December, according to official Chinese figures released on Thursday.
The energy sales to China are still modest compared with the $9.7 billion of oil shipped by the Organisation of the Petroleum Exporting Countries (Opec) to China in January. But they are already cutting into a market dominated by the likes of Saudi Arabia and Russia - with the threat of much more competition to come.
"We see US crude as a supplement to our large base of crude" from the Middle East and Russia, said a refinery manager for China's oil-major Sinopec, declining to be named as he was not cleared to speak to media.    Reuters



Norwegian, Spanish pilot union SEPLA sign collective agreement
Feb 12: Norwegian and Spanish pilot union SEPLA have signed a comprehensive collective bargaining agreement (CBA). The CBA will be valid for two years and represents an important step forward in one of the company's most important markets. Earlier this week, Norwegian also signed a CBA for its long-haul crews based in Italy.
Spain is Norwegian's second-largest market in passenger volume and the largest in number of staff.
SEPLA's members will now vote on the agreement.
With 33 aircraft based in Spain this coming summer, and more operating bases than in all the Nordic countries put together, Spain is a key market for Norwegian.
This is the second CBA Norwegian signs in Spain, following the cabin crew collective back in June 2017 Elsewhere in Southern Europe, Norwegian has also signed CBAs with Italy's short- and long-haul pilots and cabin crew The Italian long-haul CBA was signed earlier this week.
Norwegian keeps eight operating bases in Spain, all of them year-round: Alicante, Barcelona (two bases: one short- and one long-haul), Gran Canaria, Madrid, Malaga, Palma de Mallorca, and Tenerife South. The company employs 2,190 people in Spain. Norwegian carried 8.46m passengers in Spain in 2017, a 24 per cent increase on the previous year.        
    AirlinersGallery.com



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