Budget Aviation Holdings
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Budget Aviation Holdings
Budget Aviation Holdings is a Singapore-based holding company for a low-cost carrier operating in the Asia-Pacific region, consisting of Scoot Scoot Pte Ltd, operating as Scoot, is a Singaporean low-cost airline and a wholly owned subsidiary of Singapore Airlines. It began its operations on 4 June 2012 on medium and long-haul routes from Singapore, predominantly to various airports t .... The holding company was formed on 18 May 2016 to allow for easier management of the airline subsidiaries following the delisting of Tiger Airways from the Singapore stock exchange. References {{Use dmy dates, date=May 2016 Airline holding companies Holding companies of Singapore Singaporean companies established in 2016 Singapore Airlines Temasek Holdings ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Goh Choon Phong
Goh Choon Phong () is the chief executive officer (CEO) of Singapore Airlines and Singapore Airlines Cargo Singapore Airlines Cargo (abbreviation: SIA Cargo) is the unit within Singapore Airlines (SIA) responsible for air cargo operations. It was incorporated in 1988. SIA Cargo manages the cargo operations of SIA's fleet of freight- and passenger airc .... He was formally appointed to be the CEO on 1 January 2011 in an announcement dated 3 September 2010. Prior to his appointment, he worked for the SIA group for more than 20 years for the airlines' operations in China and Scandinavia. References {{DEFAULTSORT:Goh, Choon Phong 1963 births Living people Massachusetts Institute of Technology alumni Singapore Airlines people Singaporean chief executives Businesspeople in aviation Chief executives in the airline industry ...
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Airline
An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an Air operator's certificate, air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or Air charter, charter operators. The List of airlines by foundation date, first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to ...
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Singapore Airlines
Singapore Airlines (abbreviation: SIA) is the flag carrier airline of the Republic of Singapore with its Airline hub, hub located at Singapore Changi Airport. The airline is notable for highlighting the Singapore Girl as its central figure in corporate branding segment. It has been ranked as the world's best airline by Skytrax four times. Singapore Airlines Group has more than 20 subsidiaries, including numerous airline-related subsidiaries. SIA Engineering Company handles maintenance, repair and overall (MRO) business across nine countries with a portfolio of 27 joint ventures including with Boeing and Rolls-Royce Holdings, Rolls-Royce. Singapore Airlines Cargo operates SIA's freighter fleet and manages the cargo-hold capacity in SIA's passenger aircraft. Scoot, a wholly owned subsidiary operates as a low-cost carrier. Singapore Airlines was the first to put the Airbus A380 — the world's largest passenger aircraft — as well as the Boeing 787, Boeing 787-10 into service an ...
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Scoot
Scoot Pte Ltd, operating as Scoot, is a Singaporean low-cost airline and a wholly owned subsidiary of Singapore Airlines. It began its operations on 4 June 2012 on medium and long-haul routes from Singapore, predominantly to various airports throughout the Asia-Pacific. Scoot's airline slogan is ''Escape the Ordinary''. Initially, Scoot's fleet consisted of Boeing 777-200ER aircraft that were obtained from its parent company, Singapore Airlines. In 2015, the airline began to transition its long-haul fleet to the Boeing 787 Dreamliner aircraft. Scoot uses the Airbus A320 and the Airbus A320neo family for its short-haul flights. On 25 July 2017, Tigerair, another low-cost Singaporean airline, officially merged with Scoot, using Tigerair's air operator's certificate (AOC) to consolidate the low-cost airline business. With the change of AOC, the airline's IATA code was changed from TZ to TR, and its ICAO code was changed from SCO to TGW, previously used by Tigerair. However, the " ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Low-cost Carrier
A low-cost carrier or low-cost airline (occasionally referred to as '' no-frills'', ''budget'' or '' discount carrier'' or ''airline'', and abbreviated as ''LCC'') is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees – such as for carry-on baggage. As of April 2020, the world's largest low-cost carrier is Southwest Airlines, which operates primarily in the United States, as well as in some surrounding areas. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the term is often applied to any carrier with low ticket prices and limited services, regardless of their operating models, low-cost carriers should not be confused with regional airl ...
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Airline Holding Companies
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ...
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Holding Companies Of Singapore
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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Singaporean Companies Established In 2016
Singaporeans, or the Singaporean people, refers to citizens or people who identify with the sovereign island city-state of Singapore. Singapore is a multi-ethnic, multi-cultural and multi-lingual country. Singaporeans of Chinese, Malay, Indian and Eurasian descent have made up the vast majority of the population since the 19th century. The Singaporean diaspora is also far-reaching worldwide. In 1819, the port of Singapore was established by Sir Stamford Raffles, who opened it to free trade and free immigration on the island's south coast. Many immigrants from the region settled in Singapore. By 1827, the population of the island was composed of people from various ethnic groups. Singapore is a multilingual and multicultural society home to people of groups of many different ethnic, religious and national origins, with the majority of the population made up of Chinese, Malay, Indian and Eurasian descent. The Singaporean identity was fostered as a way for the different ethnic ...
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