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March 31, 2015 8:31 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: 39
Vice President of Operations
Chief Pilot and Vice President
Head of Public Affairs
Acting Senior Vice President for Cabin Crew Operations and Director
Age: 43
Compensation as of Fiscal Year 2014.

SilkAir (Singapore) Private Limited Key Developments

SilkAir Plans to Start Flights to Pune

SilkAir is planning to start operations to Pune. The airline already flies to eight destinations in India namely; Bengaluru, Chennai, Coimbatore, Hyderabad, Kochi, Kolkata, Thiruvananthapuram and Visakhapatnam. It plans to expand its network to Tier II and Tier III cities in India.

Silkair Announces Operating Results for the Month of January 2015

SilkAir announced operating results for the month of January 2015. For the month, the company reported capacity (seat-km) was 718 million compared to 679.7 million a year ago. Passenger-km of 477.6 million compared to 470.2 million a year ago. Passengers carried were 287,000 compared to 282,000 a year ago. Passenger load factor was 66.5% compared to 69.2% a year ago.

SilkAir Announces Unaudited Earnings for the Third Quarter Ended December 31, 2014; Reports Unaudited Traffic Results for the Third Quarter and Nine Months Ended December 31, 2014

SilkAir announced unaudited earnings and traffic results for the third quarter ended December 31, 2014. SilkAir's operating profit in the third quarter improved SGD 12 million to SGD 18 million, as the SGD 25 million growth in revenue outweighed the increase in expenditure. Revenue was driven up by higher passenger carriage and improved passenger yield. For the quarter, the company reported revenue passenger kilometres of 1,572.3 million compared to 1,460.6 million for the same period a year ago. Available seat-km was 2,177.7 million compared to 2,085.9 million for the same period a year ago. Load factor was 72.2% compared to 70.0% a year ago. Passenger breakeven load factor was 68.8% against 73.3% a year ago. Passenger carried was 945,000 against 897,000 a year ago. For the nine months, the company reported revenue passenger kilometres of 4,417.2 million compared to 4,190.6 million for the same period a year ago. Available seat-km was 6,260.2 million compared to 6,024.6 million for the same period a year ago. Load factor was 70.6% compared to 69.6% a year ago. Passenger breakeven load factor was 71.3% against 70.8% a year ago. Passenger carried was 2,670,000 against 2,587,000 a year ago.

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