Company Overview of Singapore Airlines Limited
Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services in East Asia, Europe, South West Pacific, the Americas, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services, as well as is engaged in the training of pilots. In addition, it provides aircraft maintenance services, including technical and non-technical handling at the airport; airframe maintenance and component overhaul services; and aviation insurance and pilot recruitment services. Further, the company is involved in the manufacture of aircraft cabin equipment and refurbishment of aircraft galleys; provision...
25 Airline Road
Founded in 1947
Key Executives for Singapore Airlines Limited
Chief Executive Officer, Director and Member of Board Executive Committee
Total Annual Compensation: $2.1M
Compensation as of Fiscal Year 2014.
Singapore Airlines Limited Key Developments
Singapore Airlines In Talks To Acquire Jeju
Mar 16 15
Singapore Airlines Limited (SGX:C6L) is in talks to acquire Jeju Air Co., Ltd. Singapore Airlines Limited and Jeju Air Co., Ltd. said they were in talks about a possible investment, but that nothing had been decided.
Singapore Airlines Mulls Equity Investment Into Jeju Air
Mar 16 15
Singapore Airlines Limited (SGX:C6L) is in talks to acquire Jeju Air Co., Ltd. AK Holdings, Inc. (KOSE:A006840) said Singapore plans to acquire 20% stake in Jeju Air.
Cotchett, Pitre & McCarthy LLP and Hausfeld, LLP Provides Update of Settlement of Class Action Lawsuit Involving Price of Airline Tickets
Mar 9 15
Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are: Air France; Cathay Pacific; Japan Airlines; Malaysian Airlines; Qantas; Singapore Airlines; Thai Airways; and Vietnam Airlines. The lawsuit continues against five Non-Settling Defendant airlines: Air New Zealand; All Nippon Airways (ANA); China Airlines (Taiwan); EVA Airways; and Philippines Airlines. The lawsuit claims that the Defendants agreed to fix prices on tickets for transpacific air travel. As a result, ticket purchasers may have paid more than was necessary. The Settling Defendants deny the allegations, and deny that they have any liability. The Defendant airlines also deny liability, although ANA has pled guilty to fixing the prices of certain discounted tickets. Purchasers are included if: they bought a ticket for air travel from one of 26 airlines; the ticket included at least one flight segment between the U.S. and Asia or Oceania; and the purchase was made between January 1, 2000 and the present. The Settling Defendants have agreed to pay $39,502,000. Money will not be distributed yet, and will be distributed pursuant to a Plan of Allocation approved by the Court. Class Counsel will pursue the lawsuit against the Non-Settling Defendants.
Similar Private Companies By Industry
Recent Private Companies Transactions
August 1, 2014
May 30, 2014
|Scoot Pte Ltd.