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July 28, 2015 2:34 PM ET

Airlines

Company Overview of SilkAir (Singapore) Private Limited

Company Overview

SilkAir (Singapore) Private Limited provides passenger air transportation services. It operates flights between Singapore, China, India, Indochina, Indonesia, Malaysia, Nepal, and Thailand. SilkAir (Singapore) Private Limited was formerly known as Tradewinds Pte Ltd. and changed the name to SilkAir (Singapore) Private Limited in April 1992. The company was founded in 1975 and is based in Singapore. SilkAir (Singapore) Private Limited operates as a subsidiary of Singapore Airlines Ltd.

371 Beach Road

Unit #17-08

Singapore,  199597

Singapore

Founded in 1975

Phone:

65 6223 8888

Fax:

65 6542 4486

Key Executives for SilkAir (Singapore) Private Limited

Chief Executive and Board Director
Age: 40
Vice President of Operations
Chief Pilot and Vice President
Head of Public Affairs
Acting Senior Vice President for Cabin Crew Operations and Director
Age: 44
Compensation as of Fiscal Year 2015.

SilkAir (Singapore) Private Limited Key Developments

SilkAir Reports Traffic Results for the Month of May 2015

SilkAir reported traffic results for the month of May 2015. The company's system wide passenger carriage grew 10.3% year-on-year, exceeding the 6.8% increase in capacity. Consequently, passenger load factor improved by 2.2 percentage points to 68.6%. Growth in passenger carriage exceeded capacity growth for both the East Asia and Pacific Region as well as the West Asia Region, resulting in a 2.7 percentage points and 0.4 percentage point increase in PLF respectively. Passenger-kilometres was 530.2 million against 470.8 million a year ago. Passengers carried was 152,000 against 136,000 a year ago. Capacity (seat-kilometres) was 726.1 million against 680.1 million a year ago.

SilkAir Launches its First Direct Flight to Cairns

SilkAir launched its first direct flight to Cairns. The new service - company's most operationally expensive yet - will be operated with company's latest Boeing 737-800 aircraft, featuring both Business and Economy class cabins. The thrice weekly flights depart from Singapore on Mondays, Thursdays and Saturdays.

SilkAir Announces Earnings Results for the Year 2015

SilkAir announced earnings results for the year 2015. For the year, the company's operating profit was SGD 41 million compared to SGD 35 million a year ago. Revenue increased SGD 46 million, as passenger revenue was boosted by a 6.3% increase in passenger carriage and a 1.5% improvement in passenger yield.

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