Singapore Airlines is prospected by companies that are selling CRM, Insurance, SMM, Security, Education, CMS, Marketing and Consultant solutions. Here are a few quick insights about Singapore Airlines that you might find valuable in your outreach.
Singapore Airlines is named the World’s Best Airline at the 2023 World Airline Awards
Intel type: Launches, Awards and Wins
Date: 20 June 2023
Singapore Airlines has been voted the World’s Best Airline at the 2023 World Airline Awards, the fifth time that the airline has scooped the Airline of the Year title in the 23 year history of the awards.
The 2023 World Airline Awards have been announced in a gala ceremony held in the iconic Air and Space Museum at the Paris Air Show. More than 350 guests attended the event from airlines across the world, with a large number of airline CEO’s, Presidents and Senior Management present to accept their awards. As has become customary at the World Airline Awards, there were a lot of uniformed airline cabin crew showing off the airline corporate brands.
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Vistara-AI merger to boost Singapore Airlines’ presence in Indian market
Intel type: Mergers & Acquisition
Date: 16 May 2023
Singapore Airlines Group on Tuesday reported its highest ever net profit and outlined various strategic initiatives, including the proposed merger of Vistara with Air India to boost the Singaporean carrier’s presence in the Indian market.
Vistara is a joint venture between Singapore Airlines and Tata Group, which holds 51 per cent stake. The process to merge Vistara with Air India is underway.
On Tuesday, Singapore Airlines (SIA) Group posted a record net profit of 2,157 million Singapore Dollars for FY2022-23. In the year-ago period, it had a net loss of SGD 962 million.
“This was mainly driven by better operating performance (+SGD 3,302 million) and lower net finance charges (+SGD 338 million), and partially offset by a tax expense versus a tax credit last year (around SGD 615 million),” the airline group said in a release.
This insight is useful for your prospecting if your business deals with: AI, Cybersecurity, Machine learning, Marketing, BPM, Advertising and Development services
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