Singapore Airlines (SIA) signs a Letter of Intent with Airbus to purchase seven A350F freighter aircraft. The new aircraft will replace the airline’s existing Boeing 747-400F. The agreement includes a swap with 15 A320neo and two A350-900 passenger aircraft that are in the SIA Group order book. This allows SIA to manage its capital expenditure, while continuing with the essential freighter renewal programme.
Deliveries are scheduled to begin in the fourth quarter of 2025, when SIA will become the first airline to operate this new generation widebody freighter aircraft.
Goh Choon Phong, chief executive officer, Singapore Airlines said, “This agreement with Airbus reinforces SIA’s position as a leading global air cargo carrier while advancing our sustainability goals. It also ensures that we are prudent with our capital expenditure, and adjusts our passenger aircraft order book to give us the flexibility needed to navigate uncertainties in the recovery trajectory. The A350Fs will replace our seven 747-400F freighters, with the options providing the ability to adapt our requirements to future demand in the cargo market.”