Singapore Airlines to buy 7 Airbus A350F freighter aircraft

An artist's rendering of the Singapore Airlines A350F freighter plane from Airbus. Credit: Airbus and Singapore AirlinesAn artist's rendering of the Singapore Airlines A350F freighter plane from Airbus. Credit: Airbus and Singapore Airlines

Singapore Airlines has entered a letter of intent to buy seven A350F freighter aircraft from Airbus, with options to order another five aircraft, the Singapore flag carrier said in a filing to SGX Wednesday.

The carrier will be the first airline to operate the new generation widebody freighter aircraft when its deliveries are received, which is scheduled for the fourth quarter of 2025, the filing said.

The deal includes a swap with 15 A320neo and two A350-900 passenger aircraft in SIA Group’s orderbook, allowing the carrier to manage its capital expenditure while renewing its freighter program, the filing said.

The A350F can carry a similar cargo volume as Boeing’s 747-400F, which it will replace in SIA’s fleet, while burning as much as 40 percent less fuel on similar flights and having a longer range, the airline said.

“This agreement with Airbus reinforces SIA’s position as a leading global air cargo carrier, while advancing our sustainability goals,” Goh Choon Phong, CEO of Singapore Airlines, said in the statement.

“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,” Goh said.

Read more about the A350F freighter orders.