Budget Aviation Holdings is a Singapore-based

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 ...

for a

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 op ...

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