Singapore Flyer put in receivership

The Singapore Flyer, a observation wheel in Singapore, has been put in receivership. Situated on the southeast tip of the Marina Centre, the 150 m diameter wheel,  was officially opened to the public on 1 March 2008.

What is receivership? Receivership is a type of corporate bankruptcy in which a receiver is appointed by bankruptcy courts or creditors to run the company. According to The Routers, Ferrier Hodgson, a law firm specialised in insolvency and corporate turnarounds, was appointed as receivers and managers over the charged assets of Singapore Flyer Pte Ltd, the company which owns the ferris wheel.

"It said in a statement on Tuesday that "it is business as usual at Singapore Flyer" and it is working with business partners and tour operators to ensure smooth operations through the receivership.

Ferrier Hodgson also said it is confident it will be able to identify investors to manage and improve the Singapore Flyer. "We will be calling for expressions of interest shortly to commence the process."

Usually, the primary responsibility of the receiver is to recoup as much of the unpaid loans as possible.

According to The Straits Times, analysts and tour agents were not surprised that company that owns the Singapore Flyer has bankrupted:

Analysts noted that the Singapore Flyer was not attractive to locals and did not encourage repeat visitors while tour agents also told The Straits Times that the ticket prices were too expensive and some had stopped taking tourists there.

Mr M. Loganathan, a tour guide, said that he prefers to take tourists to view Singapore's scenery from buildings like the OUB building instead. "It's cheaper so we earn more. At these places, tourists can stay as long as they want and take as many pictures as they want," he said, adding that he suggests alternate locations to the Flyer to tourists the guides.

Singapore Flyer put in receivership

Singapore Flyer ticket prices

Singapore Flyer is a 165 meter observation wheel in Singapore which offers an unobstructed bird-eye view of  Singapore city center. Singapore Flyer is the world’s largest observation wheel. Although it does not have the best bird-eye view in the town, it definitely has the most complete. Everything including the Marina Bay Sands casino complex and city landmarks such as the skyscrapers of the Singapore Business District, Esplanade, Fullerton Hotel, etc. are in the view.

 Singapore Flyer opening hours are from 8.30 am to 10.30 pm daily and the last entry is at 10.15 pm. You can simply take a Singapore Flight by the flyer where you can experience panoramic views of the Singapore landscape, Singapore Sling Flight (Singapore Flight + a glass of original Singapore Sling), Signature Cocktail Flight (Singapore Flight + a specially concocted cocktail), Moët & Chandon Champagne Flight (Singapore Flight + champagne).

Other than conventional flights, the Flyer also offers special flights like Full Butler Sky Dining and High Tea Flight.

Singapore Flyer Ticket Prices

Below are Singapore Flight ticket prices:
Adult Ticket S$33,
Senior Citizen Ticket S$24.00,
Child Ticket S$21 (3 to 12 years old) and
Family Combo S$78.

Below are ticket prices for special flights:
Singapore Sling Flight -  Adult: S$69.00 Child: S$31.00
Signature Cocktail Flight - Adult: S$69.00 Child: S$31.00
Moët & Chandon Champagne Flight - Adult: S$69.00

Chinese New Year 2013 packages by Singapore Flyer

The Singapore Flyer, a giant Ferris wheel located in Singapore, offers a flight of prosperity in Chinese New Year 2013. Visitors of this Giant Wheel of Fortune will have popular Signature Auspicious Trail between 1 – 28 Feb 2013 which includes:

* A Singapore Flight ticket to embark on the Signature Auspicious Trail
* A prosperity bag with a chocolate ingot
* A prosperity card with a 4D number *and a chance to win $888, a Lo Hei reunion dinner with Mediacorp DJs and many more!

And there are more packages for the Lunar New Year 2013.


Sky-Land-Sea Prosperity Flight Package
For price of $68 nett per adult and $54 nett per child (age 3 – 12), this package is valid between 1 – 28 Feb 2013 and includes:

* 1 Singapore Flight to embark on the Signature Auspicious Trail
* NEW! 1 River Taxi ride along Singapore River and Marina Reservoir (worth $7)**
* 1 FunVee open top city Adventure Hop-On and Hop-Off bus tour OR 1 FunVee open top night tour (includes Chinatown Chinese New Year street light up tour) (worth $19.90)**
* 1 Lo Hei platter^ (worth $8)
* 1 prosperity card with a lucky 4D number and a chance to win $888 and more
* 1 limited edition Singapore Flyer gift (Fengshui keychain) – for adult
* 1 limited edition Singapore Flyer Kid’s Fun Pack – for child

Singapore Flyer Chinese New Year Sky Dining Flight Package

Chinese New Year Sky Dining Flight Package

What about dining in the tallest observation wheel of the planet? This package worth $288++ per couple ($1,888 nett for private capsule up to 10 guests) and is valid from 8 – 24 Feb 2013 (exclude 12 – 14 Feb) between 7:30 pm & 8:30 pm. Your flight will include:

* 4-course fine-dining menu (which includes prosperity Lo Hei)
* 2 flight rotations (1 hour)
* In-flight butler service
* Exclusive check-in (Express boarding)
* Access to Flyer Lounge (Subject to availability)
* Free admission to Journey of Dreams interactive gallery (optional)

Singapore Flyer Happy 2013 Promotion

Singapore Flyer, the giant Ferris wheel located in Singapore, welcomes 2013 with a special promotion. From January 1 to January 31st, if you purchase a full-priced Singapore Flight ticket and enjoy a choice of:

• FunVee open-top bus city tour** (worth $9.90) OR
• A pair of limited edition Singapore Flyer mascot plastic mugs (worth $8) OR
• A glass of Flyer punch mocktail (worth $9.90)

Full-priced tickets apply to counter purchases only. Please say the catchphrase “Happy 2013″ at any of our ticketing counters to be entitled to the voucher to exchange for a gift. For online purchases, you are entitled to a 10% discount and also the gift (choose the Singapore Flight + Bus/Mug/Drink option when you book). Please bring your e-tickets or show your mobile tickets at any of our ticketing counters or Guest Services Lounge at Level 1 to be entitled to the voucher to exchange for a gift.

FunVee open-top bus city tour is for point-to-point transfer only. You will not be allowed to disembark and embark again on another ride.

Singapore Flyer Happy 2013 Promotion

Singapore Flyer is an observation wheel according to its operator and is the  tallest Ferris wheel in the world.  Singapore Flyer offers broad views of the city centre and beyond to about 45 km (28 mi), including the Indonesian islands of Batam and Bintan, as well as Johor, Malaysia.

Count down to 2013 at Singapore Flyer

You can countdown to a brand new year, 2013, at 165-metre tall Singapore Flyer, as you indulge in Singapore Flyer’s unique in-the-sky flight experiences, and party the night away with music and exciting activities and events for everyone.

Here is the press release by Singapore Flyer for New Year Countdown to 2013:

You can check in to Singapore Flyer’s posh Sky Party countdown capsules for a trinity of merriment! Be greeted by new, spectacular aerial views of Singapore’s cityscape, a flute of premium Moet & Chandon champagne and an open bar in the skies, backed by the spectacular Marina Bay fireworks when 2013 arrives.

Good choices don’t end, as Celebrity Chef Eric Teo lends his touch of finesse to the popular Full Butler Sky Dining experience. On the eve and New Year’s Day, let your taste buds tingle over his intricately prepared 4-course creations, hosted over magnificent views from the Flyer and personalized in-capsule butler service.

Now for the party! Be whisked off your feet to the dance floor by Hopstacles, an active dance crew made up of youths bonded by their common passion for dancing. Be it Hip Hop, Popping or Street Jazz; be sure to catch their live performances as we boogie all the way through on New Year’s Eve. Aspiring young singers and veteran performers from Cacophony.SG, a music and dance interest group under The Frontier CC YEC and winners from SIM UOL Music Fest complements with their melodious vocals and swift moves.

For the young and young at heart, usher in the New Year on a high with MegaBounce at Singapore Flyer – the first-ever bungee assisted trampolines in the City. Be ready to be tossed over 8 metres mid-air, whilst performing gravity defying flips and turns for the ultimate fun factor.

Singapore Flyer is a good place to countdown to 2013.

Before it ends, get a glimpse of the Christmas Village in the Tropics at Singapore Flyer that will enthrall guests on a journey through the understated countryside before climaxing into a village set aglow with over a million bright LED lights adorning gift sheds, buildings and landscape.

And from 8pm up until 1am, get pumped up and party to your heart’s content with our in-house DJ spinning the most popular hits of today.

Make the last day of the year count and welcome 2013 with a bang at Singapore Flyer! Flight operations at Singapore Flyer will be extended till 1am (last flight at 12:30am).

For updates on special $10 tenants’ deals and activities at Singapore Flyer this New Year’s Eve, join us on Facebook at: http://www.facebook.com/singaporeflyer.

You can also book your flight tickets online (www.singaporeflyer.com) or over our mobile ticketing web app (“mTix”) and get at least 10% off tickets today!

Flight Experience Singapore

Have you ever wonder how does it feel to be an airliner pilot? Sitting in the captain's seat, planting your feer on the ruder pedals, right hand clamped to the thrust levers, left hand on the control column.With permission from Air Traffic Control, you advance the throttles and your Boeing 737 hurtles down the runway and takes off, climbing to 2000ft before banking into a 45° turn away from the airport.

Well if you are not a real pilot or an extreme Microsoft Flight Simulator addict with a home-made flight deck in your living room, there are very few places you can do this. One of them is Singapore Flight Experience located in Singapore Flyer.

After trying Flight Experience Australia, Captain Michael Caston and his wife Joanna Caston brought the Flight Experience franchise to Singapore which is a must do in Singapore. This is the next best thing to be in a real commercial airliner cockpit for many of us. The flight simulator is based on Boeing 737-800NG cockpit. You will experience flight with a fully qualified instructor who will take you through all aspects of your flight with as much or as little guidance as required. So this is not a game. As Captain Caston says "this is an edu-teinment". The simulator is a legitimate training ground, it has auto pilot, auto-throttle and fully functioning flight management system.

Flight Experience Singapore

Flight Experience is similar to the flight simulators that airlines use to train their commercial pilots, and its 100% authentic replica cockpit delivers a total immersion virtual reality environment. The 180° wraparound visuals, high-fidelity sound and cooling systems, along with a slight seat vibration, all combine to fool your senses into believing you are actually captaining a jet airliner.

A 30 minutes flight experience package will cost you $175 while the most popular package, 60 minutes fun is around $275. You do not need prior flying experience and you will fly the simulator as much as you can cope with. Each flight is conducted one on one with you and your instructor. But you can bring a friend with you, there is seating for two extra people to join you for your flight and there is no extra charge for it.

If you have fear of flight, the flight experience has a program, named Fear of Flying, which can benefit you. Joanna Caston, co-owner of the flight experience with pilot husband, has experience helping the people overcome their flight fear and uses her experience in the simulator.