Assignment Industrial Project (Firm, Industry

Topics: Singapore Airlines, Tiger Airways, Singapore Pages: 1 (263 words) Published: May 16, 2013
Tiger Airways Singapore Pte Ltd, operating as Tiger Airways Singapore, is a low-cost airline headquartered in Singapore. It operates services to regional destinations in Southeast Asia, Australia, China and India from its main base at Singapore Changi Airport. Tiger Airways is wholly owned by Tiger Airways Holdings Limited, a holding company set up in 2007 to manage both Tiger Airways and start-up Australian subsidiary Tiger Airways Australia. Tiger Airways' original founding shareholders were Singapore Airlines (49%), Bill Franke's Indigo Partners (24%); Tony Ryan's Irelandia Investments (16%) and Temasek Holdings (11%). Tiger Airways Holdings Limited is listed on SGX since 2010. According to the 2012 Annual Report, the main shareholders in Tiger Airways Holdings, as of 15 June 2012, who hold more than 5% shares, are: * Singapore Airlines Limited (32.84%)

* Dahlia Investments Pte Ltd 7.37%

Singapore Airlines Limited (SIA) is the flag carrier and 5-star airline of Singapore. Singapore Airlines operates a hub at Changi Airport and has a strong presence in the Southeast Asia, East Asia, South Asia, and "Kangaroo Route" markets. The company also operates trans-Pacific flights, including the world's two longest non-stop commercial flights from Singapore to Newarkand Los Angeles on the Airbus A340-500.The airline announced that it will end the world's longest nonstop flights from Singapore to both Newark and Los Angeles from 23 November 2013 and 20 October 2013, respectively. However, Los Angeles will continue to be served from Singapore via Tokyo-Narita. Singapore Airlines carried around 18 million passengers in 2012, up from 16.9 million in 2011.
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