Singapore Cargo Rumours (early 2010)
Thread Starter
Join Date: Jan 2009
Location: Romeo 14
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
Singapore Cargo Rumours (early 2010)
PPRuNe is a great forum for news and rumours,, no harm in a pure rumour/speculation thread.
We can all throw ideas against the wall and see what sticks.
For purposes of this thread, let's confine ourselves to the Cargo side only. And it would be infinatly more interesting if we label what is KNOWN,, what is HEARD,, and what is SURMISED. This should be fun !!!!
I'll start:
KNOWN: SFL is moving out of the desert (VCV) to rejoin the flock, after a long rest. She should arrive SIN about Jan 24.
HEARD: SFA and SFB are supposed to go "back to thier owners", and soon. Who are the "owners"?
HEARD: SFF and SFN are also in play.
HEARD: SFA and SFB are going to the little sister airline who is PVG based,, no saying how great that wall may be.....
HEARD: A US based bottom feeder is convinced that they are getting 2 SQC -400's.
HEARD: SQC is no longer terminating all contracts with ex-pat capts.
HEARD: The mainline pax -400 (SML??) slated for BCF conversion is still on hold.
SURMISE: Known recovery of 1 aircraft against the loss of 2-4 aircraft, SQ is squeezing SQC even more than in the past.
SURMISE: SQ's thinking is along the same line as DL's in that they are not going to deal with cargo. But it's easier to park 7 classics than to sell a fleet of -400's.
KNOWN: Ths industry is so fluid it's like an amusement ride,, only not amusing.
Let's have some fun with this,,
Cheers,, Heracles
We can all throw ideas against the wall and see what sticks.
For purposes of this thread, let's confine ourselves to the Cargo side only. And it would be infinatly more interesting if we label what is KNOWN,, what is HEARD,, and what is SURMISED. This should be fun !!!!
I'll start:
KNOWN: SFL is moving out of the desert (VCV) to rejoin the flock, after a long rest. She should arrive SIN about Jan 24.
HEARD: SFA and SFB are supposed to go "back to thier owners", and soon. Who are the "owners"?
HEARD: SFF and SFN are also in play.
HEARD: SFA and SFB are going to the little sister airline who is PVG based,, no saying how great that wall may be.....
HEARD: A US based bottom feeder is convinced that they are getting 2 SQC -400's.
HEARD: SQC is no longer terminating all contracts with ex-pat capts.
HEARD: The mainline pax -400 (SML??) slated for BCF conversion is still on hold.
SURMISE: Known recovery of 1 aircraft against the loss of 2-4 aircraft, SQ is squeezing SQC even more than in the past.
SURMISE: SQ's thinking is along the same line as DL's in that they are not going to deal with cargo. But it's easier to park 7 classics than to sell a fleet of -400's.
KNOWN: Ths industry is so fluid it's like an amusement ride,, only not amusing.
Let's have some fun with this,,
Cheers,, Heracles
Thread Starter
Join Date: Jan 2009
Location: Romeo 14
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
While it's great to see SFL back we still end up one short with SFA and SFB reportedly to be off the property but end of March10. Also, ATDB.org is showing SFF and SFN as "data embargoed" which in the past means standby for changes. I'd be really interested if my airline were even jokingly concidering dumping 1/4 th of my fleet.
Cheers
Cheers
Join Date: Feb 2008
Location: UK
Age: 67
Posts: 20
Likes: 0
Received 0 Likes
on
0 Posts
SFA and B owned by "Banc of America" leasing corp (no typo there in the spelling), a subsidiary of Bank of America. office murmurs say they are leaving 1st quarter of this year.
Thread Starter
Join Date: Jan 2009
Location: Romeo 14
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
Known: SFA and SFB are owned is you discribe, BanC of America,, but with an IRELAND address,,interesting.
Still no news or rumours on SFF and SFN? Can't wait to see thier info.
Heard: Evergreen (EZ not BR) is convinced they are getting two 744F's from SQC at the end of March 2010.
Another thought, with the A380s coming online, will SQ be excess a few 777's, and might they migrate to SQC?
Cheers
Still no news or rumours on SFF and SFN? Can't wait to see thier info.
Heard: Evergreen (EZ not BR) is convinced they are getting two 744F's from SQC at the end of March 2010.
Another thought, with the A380s coming online, will SQ be excess a few 777's, and might they migrate to SQC?
Cheers
Last edited by Heracles; 30th Jan 2010 at 03:52. Reason: remove smilie
Join Date: Mar 2003
Location: uae
Posts: 2,777
Likes: 0
Received 0 Likes
on
0 Posts
OK I'll re phase- How many pilots took the 30 month LOA forces or otherwise and out of those how many coming back? Also how expats that did not get contract renewed would still consider coming back. I know of 2 that are not and would not, moved on to something better.
Join Date: Aug 2007
Location: Standby, Resyncing other FMC...
Posts: 131
Likes: 0
Received 0 Likes
on
0 Posts
Capt Oryx is 50 % correct.
25 Captains and FO:s had their contract prematurely terminated February 9 2009. On top of that some FO:s went to Qatar and all cadets' training were put on hold.
The laid off pilots were all on leave of abscence from SAS and are not likely to return to Cargo since they then would have to resign from SAS.
25 Captains and FO:s had their contract prematurely terminated February 9 2009. On top of that some FO:s went to Qatar and all cadets' training were put on hold.
The laid off pilots were all on leave of abscence from SAS and are not likely to return to Cargo since they then would have to resign from SAS.
Join Date: Jan 2009
Location: Sin City
Posts: 279
Likes: 0
Received 0 Likes
on
0 Posts
SFA and SFB are the oldest in SQC's a/c stable. They should be close to 16 years now. A vintage by SQ's standard. Not sure whether SQC follows the parents' standard in fleet renewal.
The 744s from SIA were planned way back in 06, but SQC backed out. Some of the rumuors then were drop in demand then and the lack of nose cargo doors in the converted freighters.
Currently, Boeing has no freighter conversion kits for the B777. I don't think they will make one anytime soon as it will cannibalize their factory made B777Fs.
The 744s from SIA were planned way back in 06, but SQC backed out. Some of the rumuors then were drop in demand then and the lack of nose cargo doors in the converted freighters.
ith the A380s coming online, will SQ be excess a few 777's, and might they migrate to SQC?
Join Date: Jun 2009
Location: Land of the Oryx
Age: 70
Posts: 65
Likes: 0
Received 0 Likes
on
0 Posts
Capt Oryx is 50 % correct.
25 Captains and FO:s had their contract prematurely terminated February 9 2009. On top of that some FO:s went to Qatar and all cadets' training were put on hold.
The laid off pilots were all on leave of abscence from SAS and are not likely to return to Cargo since they then would have to resign from SAS.
25 Captains and FO:s had their contract prematurely terminated February 9 2009. On top of that some FO:s went to Qatar and all cadets' training were put on hold.
The laid off pilots were all on leave of abscence from SAS and are not likely to return to Cargo since they then would have to resign from SAS.
Please accept my apologies. I forgot about the SAS termination.
Thread Starter
Join Date: Jan 2009
Location: Romeo 14
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
leewan,
If your theory holds, then it doesn't bode well for SFJ, SFG, or SFD; all of which are, by MSN, senior to SFA and SFB.
I rather think that this trade out, or turn over is more driven by who actually owns the ships combined with who wants to stay in the cargo airlift game and who wants out. I also know that Evergreen BUYS aircraft it's never leased an aircraft to my knowledge. Could be an important clue,,perhaps BanC of America wants out of the freighter leasing game and the attrition ends here. In any case, if your paycheck is signed "SQC", best you keep a pulse on ebb and flow of the tin.
Cheers
If your theory holds, then it doesn't bode well for SFJ, SFG, or SFD; all of which are, by MSN, senior to SFA and SFB.
I rather think that this trade out, or turn over is more driven by who actually owns the ships combined with who wants to stay in the cargo airlift game and who wants out. I also know that Evergreen BUYS aircraft it's never leased an aircraft to my knowledge. Could be an important clue,,perhaps BanC of America wants out of the freighter leasing game and the attrition ends here. In any case, if your paycheck is signed "SQC", best you keep a pulse on ebb and flow of the tin.
Cheers
Join Date: Jan 2009
Location: Sin City
Posts: 279
Likes: 0
Received 0 Likes
on
0 Posts
l
SFA and SFB are the oldest B744Fs in SQC's a/c stable. The MSN number has no relevance to the a/c's age. It's the LN number. Both SFA and SFB are owned by BanC of America, which ironically is not based in the US. AFAIK, only SFJ, SFL, SFO and SFP are wholly owned by SQC.
Here's the list:
Singapore Airlines Fleet of B747 (Active) - Airfleets
And my paycheck is not from SQC. I would strongly advise you to get your facts right or at least validate those facts before accusing others of misleading facts.
Peace Out
eewan,
If your theory holds, then it doesn't bode well for SFJ, SFG, or SFD; all of which are, by MSN, senior to SFA and SFB.
I rather think that this trade out, or turn over is more driven by who actually owns the ships combined with who wants to stay in the cargo airlift game and who wants out. I also know that Evergreen BUYS aircraft it's never leased an aircraft to my knowledge. Could be an important clue,,perhaps BanC of America wants out of the freighter leasing game and the attrition ends here. In any case, if your paycheck is signed "SQC", best you keep a pulse on ebb and flow of the tin.
Cheers
If your theory holds, then it doesn't bode well for SFJ, SFG, or SFD; all of which are, by MSN, senior to SFA and SFB.
I rather think that this trade out, or turn over is more driven by who actually owns the ships combined with who wants to stay in the cargo airlift game and who wants out. I also know that Evergreen BUYS aircraft it's never leased an aircraft to my knowledge. Could be an important clue,,perhaps BanC of America wants out of the freighter leasing game and the attrition ends here. In any case, if your paycheck is signed "SQC", best you keep a pulse on ebb and flow of the tin.
Cheers
Here's the list:
Singapore Airlines Fleet of B747 (Active) - Airfleets
And my paycheck is not from SQC. I would strongly advise you to get your facts right or at least validate those facts before accusing others of misleading facts.
Peace Out
Thread Starter
Join Date: Jan 2009
Location: Romeo 14
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
leewan,
I did NOT mean to minimize your opinion or knowledge,,I was simply hoping to spur any of the lurking observers to add to the THEORY "brainstorm". You are quite right,, after 16 odd years no-one cares which ship is 6 weeks older than the next, which one first flew on thursday as opposed to the following monday,,etc.,, and that was my point. This is NOT about the age of the SQC fleet, more about who actually owns the ships.
Perhaps some of the "bigger players" are deciding SQC's future path. "They are my toys and I'll do as I damned please with them". Or the stockholders want performance in THIS quarter? Best way?,, SELL a few 744's, instant ink in the black column, but at what cost? The "BanC of America addressed in Ireland" thing is juicy though.
FWIW,, I do know that there was no, as yet approved, modification for a 777BCF; and for the foreseeable future no way Boeing will encourage that. It would directly compete with the 777F and the 747-8. I sandbaged that.
This forum, as I understand it, is a RUMOUR NETWORK,,(see post #1,line #1) my hopes are that by combining enough rumours, those concerned can divine a few nuggets of fact. Of course, this theory falls short if no-one plays.
Cheers
I did NOT mean to minimize your opinion or knowledge,,I was simply hoping to spur any of the lurking observers to add to the THEORY "brainstorm". You are quite right,, after 16 odd years no-one cares which ship is 6 weeks older than the next, which one first flew on thursday as opposed to the following monday,,etc.,, and that was my point. This is NOT about the age of the SQC fleet, more about who actually owns the ships.
Perhaps some of the "bigger players" are deciding SQC's future path. "They are my toys and I'll do as I damned please with them". Or the stockholders want performance in THIS quarter? Best way?,, SELL a few 744's, instant ink in the black column, but at what cost? The "BanC of America addressed in Ireland" thing is juicy though.
FWIW,, I do know that there was no, as yet approved, modification for a 777BCF; and for the foreseeable future no way Boeing will encourage that. It would directly compete with the 777F and the 747-8. I sandbaged that.
This forum, as I understand it, is a RUMOUR NETWORK,,(see post #1,line #1) my hopes are that by combining enough rumours, those concerned can divine a few nuggets of fact. Of course, this theory falls short if no-one plays.
Cheers
Join Date: Jan 2009
Location: Sin City
Posts: 279
Likes: 0
Received 0 Likes
on
0 Posts
Heracles,
The last post may have come across as a tad too hostile as I read your post previous to that as such. But i do agree with you that this forum is for rumors and everyone shall be free to post their opinions and hearsays.
Now back to business. As I understand from ur previous posts, the leasing corporation for SFA and SFB, BoA, wishes to end their lease agreement and take back the a/c. But in a lease agreement, the bank is usually the beneficiary in the relationship as it gets a steady income irregardless of the a/c's usage.( Could be wrong here) Could it be that SQC did its financial sums and realised it's cheaper to operate its wholly owned a/c rather than leased a/cs and is starting to end the leasing agreements of such a/c. After all, they spent most of the year on ground. The age of the a/cs could be an additional factor in ending their agreements.
Or BoA found an airline which was willing to pay more for the leases and it decided not to renew the lease contract. The Financial Year for SQC is ending soon, and as you said, "innovative" measures come into play to minimize the red inks.
Just my two cents.
The last post may have come across as a tad too hostile as I read your post previous to that as such. But i do agree with you that this forum is for rumors and everyone shall be free to post their opinions and hearsays.
Now back to business. As I understand from ur previous posts, the leasing corporation for SFA and SFB, BoA, wishes to end their lease agreement and take back the a/c. But in a lease agreement, the bank is usually the beneficiary in the relationship as it gets a steady income irregardless of the a/c's usage.( Could be wrong here) Could it be that SQC did its financial sums and realised it's cheaper to operate its wholly owned a/c rather than leased a/cs and is starting to end the leasing agreements of such a/c. After all, they spent most of the year on ground. The age of the a/cs could be an additional factor in ending their agreements.
Or BoA found an airline which was willing to pay more for the leases and it decided not to renew the lease contract. The Financial Year for SQC is ending soon, and as you said, "innovative" measures come into play to minimize the red inks.
Just my two cents.