Singapore Airlines CEO on A380 Fleet, Business Review

The video discusses a new product that has received positive feedback and its integration into the business strategy. The company is undergoing a transformation to improve revenue and efficiency while maintaining customer satisfaction. Workforce restructuring is part of this transformation, with a focus on training staff for new roles. Financial strategies include potential bond market engagement, and the market outlook is cautiously optimistic. Fleet management adjustments and industry trends, such as forming alliances, are also covered.

What is the main goal of the new product introduced by the company?

• To decrease the number of seats

• To expand into new markets

• To reduce costs significantly

• To provide the best experience for customers

What is a key focus of the business transformation exercise?

• Increasing the number of flights

• Improving process efficiency

• Reducing customer service

• Expanding the workforce

How does the company plan to handle jobs that become irrelevant due to new technologies?

• By ignoring the issue

• By hiring new staff

• By outsourcing them

• By providing necessary training for new skills

What financial strategy is the company considering for fleet expansion?

• Selling older aircraft

• Reducing staff salaries

• Raising ticket prices

• Entering the bond market

What is the company's outlook on the freight demand in the near future?

• It will remain stable

• It will continue to increase

• It will fluctuate unpredictably

• It will decline rapidly

What trend is developing in the airline industry to cut costs?

• Reducing flight frequency

• Forming alliances

• Hiring more staff

• Increasing ticket prices

What is one of the biggest challenges facing the airline in the next 12-24 months?

• Shortage of aircraft

• High fuel prices

• Excess capacity in the market

• Lack of customer interest