September 24, 2017 6:01 PM ET

Airlines

Company Overview of Singapore Airlines Limited

Company Overview

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 trains pilots. In addition, it engages in providing aircraft maintenance services, including technical and non-technical handling at the airport; maintenance, repair, and overhaul of aircraft and cabin components/systems; and aviation insurance services. Further, the company is involved in the repair and overhaul of hydro-mechanical equipment for Boeing and Airbus aircraft; providing and mar...

Airline House

25 Airline Road

Singapore,  819829

Singapore

Founded in 1947

25,813 Employees

Key Executives for Singapore Airlines Limited

CEO & Non-Independent Executive Director
Age: 54
Total Annual Compensation: $3.2M
Compensation as of Fiscal Year 2017.

Singapore Airlines Limited Key Developments

Singapore Airlines Ltd. Announces Parent and Group Operating Results for the Month of August 2017

Singapore Airlines Ltd. announced parent and group operating results for the month of August 2017. For the month, on parent basis, the company reported capacity (seat-km) of 10,119.1 million compared to 10,081.8 million a year ago. Passenger-km was 8,135 million compared to 8,067.8 million a year ago. Passengers carried were 1,635,000 compared to 1,613,000 a year ago. Passenger load factor was 80.4% compared to 80.0% a year ago. For the month, on group basis, the company reported capacity (seat-km) of 13,539.0 million compared to 13,083.3 million a year ago. Passenger-km was 10,950.5 million compared to 10,422.2 million a year ago. Passengers carried were 2,811,000 compared to 2,627,000 a year ago. Passenger load factor was 80.9% compared to 79.7% a year ago.

Singapore Airlines to Expand North America with Alaska Airlines Code Share Deal

Singapore Airlines has signed an agreement with Alaska Airlines, it announced on Aug. 31, 2017. The agreement will take effect on September 27, 2017, subject to regulatory approvals. Under the agreement, Singapore Airlines will add its ‘SQ’ designator code to Alaska Airlines-operated flights on routes serving 18 destinations within the US and Mexico. The destinations are: Anchorage, Baltimore, Boise, Hailey, Loreto, Los Cabos, Mammoth Lakes, Medford, Mexico City, Minneapolis, Orange County, Portland, Puerto Vallarta, Salt Lake City, San Jose, Santa Rosa, Seattle and Washington. Existing codeshare flights operated by Virgin America - acquired by Alaska Air Group last year - on routes serving 19 destinations within the US will also be included under the new agreement. The codeshare flights will be progressively made available through Singapore Airlines various booking channels, the carrier said. As part of the agreement, members of Singapore Airlines and Alaska Airlines frequent flyer programmes will also be able to earn miles when travelling on flights operated by either carrier. KrisFlyer members will be able to redeem miles for Alaska Airlines-operated flights starting from September 27, while Alaska Airlines' Mileage Plan members will be able to redeem miles for SIA-operated flights at a later date.

Singapore Airlines Signs Codeshare Agreement with Avianca

Singapore Airlines and Avianca have signed a codeshare agreement that will take effect from September. In a joint press release, the airlines - both Star Alliance members - said that under the new agreement, SIA customers will have wider connections to Colombia's capital city Bogota. Singapore's national carrier will add its "SQ" designator code to Avianca-operated flights from its European gateways at Barcelona and London to Bogota, Avianca's major hub, while Avianca will add its "AV" designator code to SIA-operated flights between Singapore and both Barcelona and London. Codeshare agreements allow each partner airline to sell seats on the agreed flights as if they were their own, even though the flights are only operated by one of the airlines. The codeshare flights will be made available across all sales channels on SIA and Avianca progressively starting from September.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 23, 2017
Office Building at Kettenhofweg 51 in Frankfurt's Westend
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