Singapore Airlines\' budget unit to fly 777

Singapore Airlines (SIA) said Friday its newly established budget carrier will operate the Boeing 777-200 aircraft when commercial flights start next year. The budget carrier will initially acquire the planes from its parent company and the aircraft will be reconfigured in a new layout, SIA said in a statement but gave no further details. \"The B777-200\'s proven versatility and reliability are key deciding factors in the selection of the aircraft,\" SIA said in the statement. \"The B777 family of aircraft has been a mainstay of the Singapore Airlines fleet since its introduction in 1997.\" As of July, SIA\'s 106-strong fleet includes 35 Boeing 777-200 aircraft, according to its corporate website. SIA had announced in May it will launch the new budget airline using wide-body aircraft to tap into growing consumer demand for low-cost travel over longer distances. The airline has said the budget outfit will be operated independently and managed separately from its parent.