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Monday, January 31, 2011

Singapore Airlines: So Expensive!

As some of you might know, I'm going to the UK for further studies in September this year.

Of course, I need to buy air tickets to go there.
So, I compared air tickets by different airlines.
Unfortunately SIA is by far the most expensive airline to travel in.

Let's do a comparison of air ticket prices...
I set departure date as 15th September, and return date as 20th November. I used flexi fares.

As you can see, SIA is by far the most expensive option. 



SIN-LON SIN MAN
5* SIA $2,313.10 $2,277.90
5* MH $1,744.50 NIL
5* Qatar $1,639.10 $1,603.90
4* British Air $1,916.90 $2,013.40
4* Emirates $1,475.70 $1,429.70
4* AF/KLM $1,755.20 $1,734.70
3* Brunei $1,573.10 NIL
Budget Air Asia X $1,104.00 NIL

Why?
SIA is arguably the best full service airline in the world, but Qatar is not far behind, and so is Malaysia Airlines.
From what I've read online, Qatar's services are on par, if not better, than SIA.

For the record, I'm proud of SIA and how it's done it's part to promote the Singapore brand, and I'd love to support it, but at such exorbitant prices?

At most, I'd be willing to pay 10% over what other airlines quote, but not 45% more!

A return flight to New York City cost upwards of $3000, when airlines like China Eastern, Cathay and United are selling at less than HALF for the same fully flexible fare!

SIA missed analyst expectations for it's full year profit just last friday, and breakeven load factor for them is roughly 70%. From what I've read, SIN-LHR is oftentimes not full.

Maybe they could try lowering prices to entice "retail" travelers like me to fly with SIA again, improving volume, turnover and profit! :D

As it is now, I think I'm probably going to pay the $150 premium to fly Qatar Airlines over Emirates. Heard some nasty things about Emirates...







 
 

6 comments:

  1. so is qatar and malaysian airlines...

    ReplyDelete
  2. For your reading on SIA:
    http://www.theedgesingapore.com/blog-heads/kang-wan-chern/25581-weekend-comment-jan-28-sia-disappoints-.html?showall=1

    ReplyDelete
  3. Pricing scheme changes from airlines to airlines, route to route. If an airline has a deal with a ticketing agency, they cannot and will not sell lower than what you can expect from buying retail.

    Web sales may be a good thing in cutting overheads but only in a business with an inventory. It does not apply to a traditional distribution model for service oriented businesses like air tickets. The airlines still very much rely on the agents to sell their tickets and therefore will not undercut these agents profits.

    ReplyDelete
  4. I would choose BA. They rock :D

    ReplyDelete