September 26, 2017 9:38 AM ET

Airlines

Company Overview of Scoot Pte Ltd.

Company Overview

Scoot Pte Ltd. operates a commercial airline in Singapore and internationally. Scoot Pte Ltd. was formerly known as New Aviation Private Limited and changed its name to Scoot Pte Ltd. in November 2011. The company was founded in 2011 and is based in Singapore. Scoot Pte Ltd. operates as a subsidiary of Singapore Airlines Limited.

Changi Airport Terminal 1

80 Airport Boulevard

#04-09

Singapore,  819642

Singapore

Founded in 2011

Phone:

65 315 83388

Fax:

65 621 49800

Key Executives for Scoot Pte Ltd.

Scoot Pte Ltd. does not have any Key Executives recorded.

Scoot Pte Ltd. Key Developments

Scoot Announces Operating Results for the Month of August 2017

Scoot announced operating results for the month of August 2017. For the month, the company reported capacity (seat-km) of 2,473.5 million compared to 2,196.8 million a year ago. Passenger-km was 2,098.3 million compared to 1,783.3 million a year ago. Passengers carried were 778,000 compared to 689,000 a year ago. Passenger load factor was 84.8% compared to 81.2% a year ago.

Scoot Announces Operating Results for the Month of July 2017

Scoot announced operating results for the month of July 2017. For the month, the company reported capacity (seat-km) of 2,505.3 million compared to 2,236.2 million a year ago. Passenger-km was 2,118.5 million compared to 1,895.7 million a year ago. Passengers carried were 785,000 compared to 738,000 a year ago. Passenger load factor was 84.6% compared to 84.8% a year ago.

Scoot Announces Unaudited Earnings and Traffic Results for the Third Quarter and Nine Months Ended December 31, 2016

Scoot announced unaudited earnings and traffic results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported operating profit of SGD 20 million compared to SGD 18 million a year ago. Total revenue was up SGD 49 million, bolstered by a 44.3% increase in passenger carriage, albeit diluted by weaker passenger yield. Capacity expanded more rapidly, by 51.8%. Expenditure rose by SGD 47 million. For the nine months, the company reported operating profit of SGD 26 million against operating loss of SGD 4 million a year ago. For the quarter, passenger carried was 879,000 against 635,000 a year ago. Revenue passenger-km was 3,359.2 million against 2,327.5 million a year ago. Passenger load factor was 80.8% against 85.0% a year ago. Available seat-km was 4,159.2 million against 2,739.3 million a year ago. Passenger breakeven load factor was 78.8% against 80.4% a year ago. For the nine months, passenger carried was 2,441,000 against 1,689,000 a year ago. Revenue passenger-km was 9,071.0 million against 6,056.0 million a year ago. Passenger load factor was 81.4% against 83.8% a year ago. Available seat-km was 11,145.9 million against 7,228.5 million a year ago. Passenger breakeven load factor was 82.4% against 90.7% a year ago.

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