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The STI has a history dating back to its founding in 1966. [1] Following a major sectoral re-classification of listed companies by the Singapore Exchange, which saw the removal of the "industrials" category, the STI replaced the previous Straits Times Industrials Index (abbreviation: STII) and began trading on 31 August 1998 at 885.26 points, in continuation of where the STII left off.
Singapore Airlines (abbreviation: SIA or SQ) is the flag carrier of Singapore with its hub located at Changi Airport.The airline is notable for highlighting the Singapore Girl as its central figure in the corporate branding segment and not significantly changing its livery throughout its history. [4]
On 14 May 2020, Singapore Airlines announced a full year loss of S$212 million for the financial year 2019/2020, marking the airline's first loss in its 48 years of operation. [ 82 ] [ 83 ] The company recorded its worst ever results for the fiscal year ending in March 2021, posting a record US$3.2 billion annual loss and a decrease of 97.9% in ...
IATA also predicted that airlines’ average profit per passenger would increase to around $7 next year, up sharply from just $2.25 18 months ago. This year, per-passenger profit is expected to be ...
Add Air Canada (OTCQX: ACDVF) and IAG Group (LSE: IAG), parent of British Airways, to the list of passenger airlines that significantly increased cargo revenues in the second quarter even as the ...
Singapore Airlines has offered compensation to all passengers who were injured after a flight to London suffered extreme air turbulence last month.. The airline sent emails offering $10,000 (£ ...
In 1966, following Singapore's separation from the federation, the airline's name was changed again, to Malaysia-Singapore Airlines (MSA). The next year saw a rapid expansion in the airline's fleet and route, including the purchase of MSA's first Boeing aircraft, the Boeing 707s, as well the completion of a new high-rise headquarters in Singapore.
Singapore Airlines has evaluated the divestment opportunity and Singapore Airport Terminal Services (which was renamed as SATS Group) was diversified from the group on 1 September 2009. [ 4 ] [ 5 ] On 18 May 2016, Singapore Airlines established Budget Aviation Holdings , a holding company to own and manage its budget airlines Scoot and Tigerair ...