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Corporation
singaporeair.com

Investments

7

Portfolio Exits

2

Partners & Customers

10

About Singapore Airlines

Singapore Airlines provides passenger and cargo air transportation services in East Asia, Europe, South West Pacific, the Americas, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services. It also engages in the training of pilots; and provides aircraft maintenance services, including technical and non-technical handling at the airport; airframe maintenance and component overhaul services; and aviation insurance and pilot recruitment services.

Headquarters Location

07-E Airline House 25 Airline Road

819829,

Singapore

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Latest Singapore Airlines News

Singapore's Former Foreign Affairs and Trade Minister George Yeo Spoke at A Last Parade of the Flying Tigers - Family Office Symposium Co-organised by Decode Group

Sep 22, 2023

Yeo discussed how family offices can navigate the current state of geopolitical tensions, learning from the resilience of Captain Ho Weng Toh. He presided over the launch of a short film on Ho, the last survivor of the Flying Tigers. Senior officials from Singapore Airlines, along with the CEO of Decode Group, paid tribute to Ho. SINGAPORE / ACN Newswire / September 22, 2023 / Former Minister for Foreign Affairs Mr George Yeo paid tribute to 103-year-old Captain Ho Weng Toh, who he described "as a man with a strong sense of moral purpose". Captain Ho is one of the last survivors of the "Flying Tigers", comprising of a group of volunteer American and overseas Chinese pilots who fought against the Japanese in World War II. Ribbon Cutting Flying Tiger Short Film George Yeo, Philip Von Wulffen, Shervin Pishervar, Ivan Lew Decode Global, Singapore Airlines More than 100 guests celebrated Captain Ho's accomplishments at A Last Parade of the Flying Tigers. It also marked the commencement of the production of a short film based on his life, co-sponsored by Decode Group and Singapore's IMDA. Decode Group is honoured to sponsor this milestone event, as Captain Ho is an exemplary figure and his spirit of resilience should be remembered for generations. "Sponsoring this event reflects Decode's dedication to making a positive impact in our community. We believe the short film will allow the younger generation to reflect on Ho's values and inspire them to continue pursuing their dreams bravely and with pride. For Decode, we affirm our commitment to building a stronger financial future together with our partners and clients," said Mr. Ivan Lew , CEO of Decode Global Capital. Captain Quay Chew Eng, former Senior VP of Singapore Airlines , commended that "Captain Ho's accomplishment contributed immensely to the success of Singapore Airlines. His reputation as the Chief Pilot of the 737 fleet preceded him and he was deeply admired." The Flying Tigers are revered in China for their heroic efforts to defend China. "I feel really honoured that Decode and the organisers are letting the people of Singapore know what we have achieved in the past," acknowledged Captain Ho. Captain Ho attributed his survival in the war to "tenacity in the face of adversity". The Family Office Symposium discussed how this value is especially relevant to the private wealth industry today. Mr. George Yeo shared how the financial industry can navigate the future with resilience amidst heightened tensions between nations such as U.S.-China and Russia-Ukraine. He posed some thought-provoking considerations for family offices when making investment decisions. "Does it lead to a positive sum? Does it make human life fuller and more abundant or does it take away from us?" Speakers at the symposium included international speakers including Mr. Ivan Lew, CEO of Decode Global Capital, Mr. Philip Von Wullfen, co-head of JAB Consumer Fund and Mr. Shervin Pishevar , a super angel investor named by the FORBES Midas List. The event is co-organised and supported by Decode Group, Grid Synergy, the Family Office Alliance and Singapore Airlines. About Decode Global Decode Global is a top-tier global financial services group, founded in 2004 with its headquarters based in Sydney, Australia. We offer a diversified range of financial products, to protect and grow the estates and capital of family offices. To date, Decode Global has served thousands of high net worth clients. In early 2023, the Singapore office was set up to better service clients in Asia and the Middle East. Contact Information:

Singapore Airlines Investments

7 Investments

Singapore Airlines has made 7 investments. Their latest investment was in Air India as part of their Corporate Minority on December 12, 2022.

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Singapore Airlines Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/14/2022

Corporate Minority

Air India

$250M

Yes

1

3/14/2022

Unattributed

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$99M

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10

12/3/2018

Series B

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$99M

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10

11/24/2018

Corporate Minority - III

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$99M

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10

5/13/2017

Corporate Minority - II

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$99M

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10

Date

12/14/2022

3/14/2022

12/3/2018

11/24/2018

5/13/2017

Round

Corporate Minority

Unattributed

Series B

Corporate Minority - III

Corporate Minority - II

Company

Air India

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Amount

$250M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

Singapore Airlines Portfolio Exits

2 Portfolio Exits

Singapore Airlines has 2 portfolio exits. Their latest portfolio exit was Vistara on November 29, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/29/2022

Merger

$99M

3

6/7/2021

Acquired

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$99M

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10

Date

11/29/2022

6/7/2021

Exit

Merger

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

3

10

Singapore Airlines Acquisitions

3 Acquisitions

Singapore Airlines acquired 3 companies. Their latest acquisition was SilkAir on May 19, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/19/2018

$99M

Merger

2

3/8/2018

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$99M

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10

3/8/2018

Other

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$99M

$99M

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10

Date

5/19/2018

3/8/2018

3/8/2018

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

Total Funding

$99M

Note

Merger

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Sources

2

10

10

Singapore Airlines Partners & Customers

10 Partners and customers

Singapore Airlines has 10 strategic partners and customers. Singapore Airlines recently partnered with Teleperformance on August 8, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

8/28/2023

Vendor

France

Teleperformance honored by Singapore Airlines with CEO service excellence award for outstanding partner

In the first year of its partnership , the Teleperformance launched unique dashboard tracking of Singapore Airlines customer escalations , which helped the Teleperformance customer care team serve Singapore Airlines 's customers 50-70 % faster .

1

6/14/2023

Partner

Germany

Air Canada Announces Vancouver-Singapore Nonstop Route

Star Alliance codeshare partner Singapore Airlines will provide easier connections to destinations past SIN .

1

3/29/2023

Vendor

Singapore

Singapore's SIA Engineering inks $857 million deal with Singapore Airlines

SIA Engineering expects the deal , which supersedes the previous agreement it entered with Singapore Airlines in April 2019 , to earn S$ 1.14 billion revenue over its three-year term .

2

2/14/2023

Distributor

Pakistan

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10

2/10/2023

Partner

Vietnam

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10

Date

8/28/2023

6/14/2023

3/29/2023

2/14/2023

2/10/2023

Type

Vendor

Partner

Vendor

Distributor

Partner

Business Partner

Country

France

Germany

Singapore

Pakistan

Vietnam

News Snippet

Teleperformance honored by Singapore Airlines with CEO service excellence award for outstanding partner

In the first year of its partnership , the Teleperformance launched unique dashboard tracking of Singapore Airlines customer escalations , which helped the Teleperformance customer care team serve Singapore Airlines 's customers 50-70 % faster .

Air Canada Announces Vancouver-Singapore Nonstop Route

Star Alliance codeshare partner Singapore Airlines will provide easier connections to destinations past SIN .

Singapore's SIA Engineering inks $857 million deal with Singapore Airlines

SIA Engineering expects the deal , which supersedes the previous agreement it entered with Singapore Airlines in April 2019 , to earn S$ 1.14 billion revenue over its three-year term .

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Sources

1

1

2

10

10

Singapore Airlines Team

2 Team Members

Singapore Airlines has 2 team members, including current Senior Vice President, George Wang.

Name

Work History

Title

Status

George Wang

Senior Vice President

Current

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Name

George Wang

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Work History

Title

Senior Vice President

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Status

Current

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