April 23, 2014 9:48 PM ET

Airlines

Company Overview of Singapore Airlines Ltd.

Company Overview

Singapore Airlines Limited provides passenger and cargo air transportation services. It also provides engineering services, air charters, and tour wholesaling and related services, as well as engages in the training of pilots. In addition, the company offers 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, it is involved in the manufacture of aircraft cabin equipment and refurbishment of aircraft galleys; provision and marketing of cargo community systems; marketing and support of portal services for the air cargo industry; and mar...

Airline House

25 Airline Road

Singapore,  819829

Singapore

Founded in 1947

23,631 Employees

Key Executives for Singapore Airlines Ltd.

Chief Executive Officer
Age: 50
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2013.

Singapore Airlines Ltd. Key Developments

Singapore Airlines Ltd. Announces Operating Results for the Month of March 2014

Singapore Airlines Ltd. announced operating results for the month of March 2014. For the month, the company reported passenger-km of 7,476.2 million compared to 7,904.3 million a year ago. Passengers carried were 1,510,000 compared to 1,570,000 a year ago. Passenger load factor was 75.0% compared to 79.3% a year ago. Capacity (seat-km) was 9,967.3 million compared to 9,965.8 million a year ago. Overall load factor was 69.5% compared to 71.5% a year ago. Overall capacity (tonne-km) was 1,917.6 million compared to 1,950.7 million a year ago. Overall load carried (tonne-km) was 1,332.6 million compared to 1,394.1 million a year ago.

Singapore Airlines Plans to Operate Airbus A380 to the City and Delhi from May 30

Singapore Airlines will operate the Airbus A380 to the city and Delhi from May 30. It was the first definite announcement by any carrier about its plans to fly the superjumbo into the country since the government lifted a ban in January. The A380 will operate daily to both the city and Delhi, taking over from two daily flights that currently serve each city using smaller Boeing 777s, said a release by the airline. The other daily flight will continue to be operated with B777s. In March, the air services agreement with Singapore was amended to allow A380 operations.

Singapore Airlines Ltd. Announces Operating Results for the Month of February 2014

Singapore Airlines Ltd. announced operating results for the month of February 2014. For the month, the company reported passenger-km of 7,005.6 million compared to 7,158.8 million a year ago. Passengers carried were 1,397,000 compared to 1,423,000 a year ago. Passenger load factor was 76.8% compared to 78.2% a year ago. Capacity (seat-km) was 9,121.8 million compared to 9,155.5 million a year ago. Overall load factor was 66.5% compared to 69.2% a year ago. Overall capacity (tonne-km) was 1,663.3 million compared to 1,702.2 million a year ago. Overall load carried (tonne-km) was 1,106.5 million compared to 1,178.2 million a year ago. The weaker passenger carriage was attributed to a combination of Lunar New Year demand shifting from February last year to January this year and softer demand to Bangkok.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 20, 2013
Tiger Airways Holdings Limited
Buyback
July 26, 2013
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