Air Singapore Update

Game Worlds Meigs
1

We expanded our cargo capacity from 400 to 1400, together with building a newly passenger terminal with the capacity of 2000 in our Singapore Changi hub. These two occasions translated to the increase in cargo revenue to 25% as well image in all areas immediately.

We are waiting for a new fresh cash from operation in order to expand and to build in all our 8 offices. Therefore, in the long time our cost will be going down. Then our middle goal is going to add more aircraft to enhance our destinations.

Thanks

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)After registered in Tokyo Stock Exchange(2012-05-28), we could achieved to pay dividend for 121,925 AS$ (0.57AS$ per share.) today.

Now with 9 aircraft, we have transported passengers for 85,988 persons more than the last week for 6%, and cargo for 21,688 CU without canceling any fights (-100%). Since we owned our terminal in Singapore Changi so our passenger handling fee decreased -19% which translated to our profit up to 29%.

As we mentioned in the last report, we are going to build our own terminals in every destinations as well as expanding the existed cargo.

Please feel free to PM me.

Thanks for your supportive,

CEO of Air Singapore

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Thanks guys, you show me that my airline is the best running in SIN. :D

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FYI

This week we can afford to pay dividend for 110,461 AS$ (0.52 AS$/share). In addition, we extended the capacity of our cargo centre C3 at Hong Kong International to [font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"][size="2"]200 units and Singapore Changi to 1600 units. Besides, we also extended the capacity of our passengers terminal T2 at Singapore Changi to 3000 units. With all of these, our passengers fee is down -20% which made us manage to increase our passengers revenue up to 8%.[/size][/color][/font]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"] [/color][/font]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"][size="2"]We did upgrade our seat in all Boeing 737-600 HGW for the better services, and order a new Sukhoi 100-95 adding to our fleet as the performance of this type of plane is very appreciated. When we look at the performance for our flight between Singapore Changi to Shanghai Pu Dong, its [/size][/color][/font][color="#333333"][font="Verdana, Arial, Helvetica, sans-serif"][size="2"]weekly salary is 1200 AS$/week and [/size][/font][/color][color="#333333"][font="Verdana, Arial, Helvetica, sans-serif"][size="2"]the profit per seat (100%) is 4,275 AS$(16%) compared with Boeing 737 is 1,430 AS$/week and the profit per seat (100%) is 1,518 AS$(4%).[/size][/font][/color]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"] [/color][/font]

[font=“Verdana, Arial, Helvetica, sans-serif”][color="#333333"][size=“2”]Our revenue is up to 5% compared the last week but the profit down to -9% according to the cost of upgrade the seat in our Boeing 737-600 HGW’s (71,800 AS$ per one).[/size][/color][/font][font=“Verdana, Arial, Helvetica, sans-serif”][color="#333333"] [/color][/font]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"][size="2"]Thanks for your supportive[/size][/color][/font]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"][size="2"]CEO[/size][/color][/font]

[font="Verdana, Arial, Helvetica, sans-serif"][color="#333333"][size="2"]Air Singapore[/size][/color][/font]