Singapore Airlines (SIA) but What Can Be Staid About Buying 49% of Virgin Atlantic Airways Suppliers Will Tell You

Total Page:16

File Type:pdf, Size:1020Kb

Singapore Airlines (SIA) but What Can Be Staid About Buying 49% of Virgin Atlantic Airways Suppliers Will Tell You WHAT MAKES SIA TICK? ‘We recognised if we were to grow and •Asiana Airlines re-invents itself either become or remain a number one thanks to the Asian recession airline we had to have the best’ — SIA chief executive •Asian nations consider U.S. Dr Cheong Choong Kong plurilateral air rights deal •Leasing: special report NEW! AIR CARGO FOCUS every issue COVER STORY N E W S Quick merger success for China Southern; China Northern next? 10 WHAT MAKES Philippines bows to economic pressures, Taiwan flights resume 10 SIA awards Rolls-Royce A3XX engine contract 10 SIA TICK Page 18 New boss for Air Niugini 11 Garuda to lease seven B737s as passenger demand grows 12 No magic formula, Cathay to invest US$256 million in e-business 14 says airline chief Dr Cheong Asian countries in plurilateral air treaty talks with U.S. 24 How Asiana re-invented itself to combat Asian crisis 28 China helping to debunk the RJ myth 42 Business digest 46 SPECIAL REPORTS Leasing in the Asia-Pacific 29 Air freight focus: New series. Six page supplement 35 WHAT MAKES C O M M E N T SIA TICK? Inside China by Jonathan Sharp 34 ‘We recognised if we were to grow and •Asiana Airlines re-invents itself either become or remain a number one thanks to the Asian recession airline we had to have the best’ — SIA chief executive •Asian nations consider U.S. Dr Cheong Choong Kong Behind the Cockpit Door by The Captain 43 plurilateral air rights deal •Leasing: special report Turbulence by Tom Ballantyne 52 NEW! AIR CARGO FOCUS every issue I N F L I G H T A S I A A 16-page pull-out dedicated to onboard services and technology. In this issue: Inside the Airbus A3XX dream cabin; Malaysia Airlines to save 33% on cabin crew training time; Inflight banking? It’s closer than you think; Electronic chess sets add to PEDs safety concerns; Network: news and people moves. PUBLISHER ADVERTISING Wilson Press Ltd Hong Kong & China: Asia : Association of Asia Pacific Airlines GPO Box 11435 Hong Kong Jonathan Sharp, Wellington Ng Wilson Press Ltd Secretariat Tel: Editorial (852) 2893 3676 Tel: (852) 2504 3995 Christine McGee Suite 9.01, 9/F, Fax: Editorial (852) 2892 2846 Tel: (852) 2893 3676 Kompleks Antarabangsa, E-mail: [email protected] Photographers Fax: (852) 2892 2846 Jalan Sultan Ismail, Andrew Hunt (chief photographer), 50250 Kuala Lumpur, Malaysia. Publisher and Managing Editor Rob Finlayson, Hiro Murai The Americas / Canada : Director General: Richard Stirland Barry Grindrod Robyn Tucker International Marketing Commercial Director: Carlos Chua Design & Production Robyn Tucker Technical Director: Leroy Keith Joint Publisher Ü Design + Production Tel: (1-441) 295 8200 Tel: (603) 245 5600 Christine McGee Fax: (1-441) 295 8210 Fax: (603) 245 7500 Colour Separations Chief Correspondent Twinstar Graphic Arts Co. Europe : Published 10 times a year Tom Ballantyne REM International February, March, April, May, June, Tel: (612) 9638 6895 Printing Stephane de Remusat July/August, September, October, Fax: (612) 9684 2776 Lammar Offset Tel: (33 5) 34 27 01 30 November and December/January. Printing Company Ltd Fax: (33 5) 34 27 01 31 © All rights reserved Special Correspondent Wilson Press Ltd, Hong Kong, 2000. Patrick Garrett Distributed by Wilson Press Ltd The views expressed in this magazine are not necessarily those of the Association of Asia Pacific Airlines. November 2000 | Orient Aviation | 5 PUBLISHER’S LETTER A RIGHT ROYAL AIRLINE o airline drives a harder bargain than Singapore Airlines (SIA) But what can be staid about buying 49% of Virgin Atlantic Airways suppliers will tell you. But what you see is what you get with or working its slow way to 25% of a merged Air New Zealand and Ansett NSIA. Hard and demanding on the one hand, but fair and Australia? Is it dull to try and set up an airline in India, fail and then try completely above board on the other, they say. and buy into the market again via a privatised national company or now Profit margins may be small they claim, but all of them want des- maybe Air India? perately to be on SIA’s shopping list. It’s the ‘royal’ seal of approval in the And there is certainly nothing routine about splashing out US$9.9 business. billion for 25 A3XXs and six Boeing B747-400 freighters in recent weeks. It’s incredible how an airline from an island republic of four million There is also another dimension to SIA’s success, which is important people has, in just 28 years, become one of the most influential – and for the region. Along with airlines like Cathay Pacific Airways and other profitable – airlines in the world. airline leaders it has helped raise the bar in airline standards world-wide. Just what makes this proud airline tick, we ask in our cover story? In particular, inflight service in Asia, for which SIA has become a byword, Chief executive Dr Cheong Choong Kong, who joined SIA two years after is a yardstick by which all other airlines are judged today. SIA, no doubt, its launch, explained modestly to Tom Ballantyne that “we stay with the will keep pushing that bar higher. basics of management, time-honoured basics”. There is no magic formula, Together these SIA elements have produced an awesome airline, even he said. to its deadliest rivals. We expect they will continue to surprise us. Analysts say what sets SIA apart from most of its rivals is long-term planning, solid research and a knack for taking a calculated risk at just the right time. Such an extroverted corporate strategy surprises many outsiders moulded on an international image of Singapore and its companies as staid, conservative and afraid to say boo without permission from the BARRY GRINDROD central government. Publisher/Managing Editor The Association of Asia Pacific Airlines members and contact list: Air New Zealand Dragonair Philippine Airlines Managing Director, Mr Gary Toomey Chief Executive Officer, Mr Stanley Hui Chairman, Mr Lucio Tan GM Govt & International Affairs, Corporate Communication Manager, VP Corporate Communications, Mr Graeme McDowall Ms Laura Crampton Mr Rolando Estabilio Tel: (649) 366 2605 Fax: (649) 309 4134 Tel: (852) 3193 3193 Fax: (852) 3193 3194 Tel: (632) 817 1234 Fax: (632) 817 8689 All Nippon Airways EVA Air Qantas Airways President and CEO, Mr Kichisaburo Nomura President, Mr Frank Hsu Managing Director, Mr James Strong Director, Public Relations, Mr Koji Ohno Deputy Senior Vice President, Mr K. W. Nieh Director of Public Affairs, TBA Tel: (81 3) 5756 5675 Fax: (81 3) 5756 5679 Tel: (8862) 8500 2585 Fax: (8862) 2501 7599 Tel: (612) 9691 3760 Fax: (612) 9691 4187 Ansett Australia Garuda Indonesia Royal Brunei Airlines General Manager International, President, Mr Abdulgani Chairman, Dato Paduka Awang Haji Alimin Mr Gary Kingshott VP Corporate Affairs, Mr Pujobroto Bin Haji Abdul Wahab Tel: (631) 9623 3471 Fax: (613) 9623 3663 Tel: (6221) 380 0592 Fax: (6221) 368 031 Tel: (673 2) 343 368 Fax: (673 2) 343 335 Asiana Airlines Japan Airlines Singapore Airlines President, Mr Park Sam Koo President, Mr Isao Kaneko Deputy Chairman and CEO, Managing Director, PR, Mr Hong Lae Kim Director, Public Relations, Mr Geoffrey Tudor Dr Cheong Choong Kong Tel: (822) 758 8161 Fax: (822) 758 8008 Tel: (813) 5460 3109 Fax: (813) 5460 5910 VP Public Affairs, Mr Rick Clements Tel: (65) 541 4030 Fax: (65) 545 6083 Cathay Pacific Airways Korean Air Chief Executive Officer, Mr David Turnbull President and CEO, Mr Shim Yi Taek Thai Airways International Corporate Communications General Manager, VP Public Relations, Mr Seung Jae Noh President, Mr Bhisit Kuslasayanon Mr Alan Wong Tel: (822) 656 7092 Fax: (822) 656 7288/89 Director, PR, Mrs Sunathee Isvarphornchai Tel: (852) 2747 8868 Fax: (852) 2810 6563 Tel: (662) 513 3364 Fax: (662) 545 3891 Malaysia Airlines China Airlines Chairman, Tan Sri Tajudin Ramli Vietnam Airlines President, Ms Christine Tsung Tsai-yi Head of Industry Affairs, President and CEO, Nguyen Xuan Hien Director, Public Relations, Mr Scott Shih Ms R. Nordiana Zainal Shah Dep Director, Corp Affairs, Nguyen Huy Hieu Tel: (8862) 2514 5750 Fax: (8862) 2514 5754 Tel: (603) 2165 5154 Fax: (603) 2163 3178 Tel: (84-4) 873 0928 Fax: (84-4) 827 2291 November 2000 | Orient Aviation | DI A RY PERSPECTIVE OMPROMISE: The national govern is replacing local civil servant, Billy Lam, ment news agency of Malaysia re with new chief executive, David Pang, an Cported on October 19 that the govern- engineer and former chairman of Greater ment may be prepared to relinquish its golden China Dow Chemicals, effective on January share in national flag carrier, Malaysia Airlines 1. At the same time Fung was preparing to (MAS), if its withdrawal would help finan- announce the winner of a tender process to cially precarious MAS find partners willing to author a Strategic Overview for Major Airport invest equity in the airline. The golden share Development Report in late October. A third gives the national government power to veto competitive cargo terminal is in the offing as decisions that influence strategy and owner- is a dedicated Cathay Pacific Airways wing ship of MAS. Malaysian transport minister, Dr at the 30-month-old island airport. Earlier in Ling Liong Sik, said: “If the golden share is a the year, Fung brought in ex-Schiphol Airport hindrance to the continued development of senior executive, Hans Bakkers, as commercial MAS, and if it discourages foreign investment, Angel Air president, Somchai director. then we may have to think it over again.” Bencharongkul: His airline is accused of Following the minister’s statment MAS shares issuing bad cheques NO SHAME: After taking advice from a rose as much as 9.1%, its biggest one-day gain Zhuhai Air Show organiser about the best ho- in almost five months.
Recommended publications
  • Singapore International Airlines: Strategy with a Smile Kannan Ramaswamy
    case study Singapore International Airlines: Strategy with a Smile Kannan Ramaswamy r. Cheong Choong Kong, the the performance of the company CEO of Singapore International under his leadership, he knew that Airlines (SIA), put away his papers much remained to be done. The as the SIA Megatop circled to land next sequence of strategic moves Mat Changi International Airport in would be crucial in cementing Singapore. He could see the mag- SIA’s meteoric rise. nificent lights of the city as it pre- pared for the much-awaited arrival SIA had managed to weather of the new millennium just two the storms of declining traffic weeks away. Singapore had prom- and yields, especially in the ised a spectacular show because it Asian region. The regional would be among the first coun- economies had been showing tries to welcome the New Year. signs of a nascent recovery. Mr. Kong was returning from However, the economic recov- meetings in London with Mr. ery was by no means complete. Richard Branson, CEO of Virgin For example, Japan was still Atlantic Airways. The two compa- unsteady and the other Asian nies had been exploring the tigers were tentative at best. potential for a formal equity Some of the quintessential alliance. While he was happy with sources of competitive advan- Thunderbird International Business Review, Vol. 44(4) 533–555 • July–August 2002 • © 2001 Thunder- bird, The American Graduate School of International Management. All rights reserved. This case was pre- pared by Prof. Kannan Ramaswamy, with research assistance from Mr. Manesh Modi, MIM2000, for the purpose of classroom discussion only and not to indicate either effective or ineffective management.
    [Show full text]
  • Singapore Airlines: Global Challenges
    CASE: IB-34 DATE: 03/08/04 SINGAPORE AIRLINES: GLOBAL CHALLENGES Our long-term aim is to be a group of airlines linked through common equity holdings. There are political difficulties, a whole range of difficulties. But it is a necessity because in the long term, we don’t see any alternative for the airline company to grow, unless we reduce our reliance on revenues derived from operating out of a single base, Singapore. We still think there are lots of opportunities in the airline and in related businesses and we do not need to get out of this basic business. But if you stay with the airline business, in order to grow we will have to have ownership of other carriers, or we have to start airlines in other places. — Dr. Cheong Choong Kong, Deputy Chairman and CEO 1 In March 2002, Singapore Airlines (SIA), recognized internationally for quality, profitability and management, was faced with the most difficult operating conditions it had ever had to face. Dr. Cheong Choong Kong, deputy chairman and CEO, gazed out his office window at the activity at Changi International Airport. He considered how he and his management committee would respond to the forces of globalization, regulatory adjustment, and the impact of terrorist attacks in America on the airline and the industry. Dr. Cheong’s management committee was made up of long-time airline people including senior executive vice presidents Mr. Chew Choon Seng (administration) and Mr. Michael J N Tan (commercial), and relative newcomers: Mr. Bey Soo Khiang, executive vice president (technical) and Mr.
    [Show full text]
  • Airasia Group Ceo, Tony Fernandes, Is Transforming the Airline Group Into “The Amazon of Asian Aviation”
    Vol. 26 No. 10 December 2019-January 2020 orientaviation.com ORIENT AVIATION PERSON OF THE YEAR 2019 AND LIFETIME ACHIEVEMENT AWARD WINNER TONY FERNANDES Co-founder and CEO AirAsia Group AIRASIA GROUP CEO, TONY FERNANDES, IS TRANSFORMING THE AIRLINE GROUP INTO “THE AMAZON OF ASIAN AVIATION” Crackdown necessary on More profitable days ahead Qantas postpones transport of counterfeit for Asia-Pacific airlines reports Project Sunrise lithium battery cargo global airline body decision to 2020 THERE IS NO COMPARISON. NO EQUAL. THERE IS ONLY ONE. THE COMMERCIAL JET ENGINE IN A LEAGUE OF ITS OWN. Powered by an industry‑first geared architecture — and more than 40 other groundbreaking innovations — the Pratt & Whitney GTF™ is unlike any engine that’s come before it. EXPLORE THE FUTURE OF FLIGHT AT PW.UTC.COM PW_CE_GTF_OrientAviation.indd 1 11/6/19 12:44 PM Client: Pratt & Whitney - Commercial Engines Ad Title: There is no comparison. Publication: Orient Aviation - Dec./Jan. Trim: 202 x 273 mm • Bleed: 212 x 283 mm • Live: 182 x 253 mm CONTENTS Volume 26, Issue 10 COVER STORY 18 Orient Aviation 2019 Person of the Year and ORIENT AVIATION MEDIA GROUP Lifetime achievement 17/F Hang Wai Commercial Building, 231-233 Queen’s Road East, award recipient, Wanchai, Hong Kong Editorial (852) 2865 1013 Tony Fernandes. E-mail: [email protected] Website: www.orientaviation.com The AirAsia Group CEO Mailing address: GPO Box 11435 Hong Kong is transforming the airline company into “the Amazon Publisher & Editor-in-Chief of aviation in Asia” Christine McGee
    [Show full text]
  • Singapore Airport Terminal Services Limited (SATS)
    Board of Directors TTHEHE PPEOPLEEOPLE ONON BBOARD OARDthe Corporate Leaders In The Group ○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○○ D R CHEONG CHOONG KONG FROM LEFT TO RIGHT: SATS Chairman and Chief Executive Officer/Deputy Chairman of Singapore Airlines Ltd. He is Chairman Dr Cheong Choong Kong of SIA Engineering Company Ltd and ABACUS International Pte Ltd. Dr Cheong is also a Director of Singapore Press Holdings Ltd and Oversea-Chinese Banking Corporation Ltd. He is on the Board Mr Michael Tan Jiak Ngee of Governors of the Singapore International Foundation and is Vice Chairman of the Singapore-United Mr Chew Choon Seng States Business Council. Mr Barry Desker M R MICHAEL TAN JIAK NGEE Deputy Chairman of SATS, Executive Vice President (Commercial) of Singapore Airlines Ltd and Chairman Mr Richard Charles Helfer of SATS Airport Services Pte Ltd. Dr Hong Hai M R CHEW CHOON SENG Mr Ng Kee Choe Executive Vice President (Administration) of Singapore Airlines Ltd, Chairman of SilkAir (Singapore) Pte Ltd, SATS Catering Pte Ltd, Singapore MRT Ltd, Singapore LRT Ltd and International Development & Consultancy Corporation Pte Ltd. M R BARRY DESKER Chief Executive Officer of the Trade Development Board. He is also Chairman of TDB Holdings (Pte) Ltd and Singapore Network Services Pte Ltd. Mr Desker was Singapore’s Ambassador to Indonesia from November 1986 to December 1993. 8 SATS ANNUAL REPORT LEFT THE BOARD M R RICHARD CHARLES HELFER President and Chief Executive Officer of Raffles Holdings Ltd and Chairman and Chief Executive Officer of Raffles International Ltd. Mr Helfer serves as a member of the Preservation of Monuments Board and the he Board thanks Singapore Hotel Association.
    [Show full text]
  • Annual Report 2001/2002 1 “ We Make It Happen
    CONTENTS Corporate Information 4 Financial Calendar 4 Financial Highlights 5 Chairman’s Statement 6 Board of Directors 8 Organisational Structure 10 Our Overseas Investments 11 Milestones 12 Staying Focused in Challenging Times 14 – Building a Bigger International Presence – Our People – Our Community Airport Services 20 – Passenger Services – Baggage – Apron Services and Maintenance – Cargo Inflight Catering 30 Aviation Security Services 34 Aero Laundry and Linen Services 36 Corporate Governance 38 Financials 45 REGISTERED OFFICE OUR MISSION 20 Airport Boulevard SATS Inflight Catering Centre 1 SATS aims to be the best handling agent in the world, Singapore 819659 providing airport ground handling, inflight catering and CORPORATE WEBSITE www.sats.com.sg aviation security services of the highest quality, while giving value to customers and shareholders, and career INVESTOR RELATIONS CONTACTS Tel: (65) 6541 8153 fulfilment to staff. Fax:(65) 6541 8154 “ I manage.” “ I deliver.” “ I identify.” “ I focus.”“ I assist.” “ I serve.”“ I invent.” “ I communicate.”“ I seek.” “ I lead.” “ I explore.”“ I develop.”“ I excel.” “ I build.” “ I provide.” “ I guide.”“ I innovate.”“ I create.” “ I invent.” “ I empower.” SATS annual report 2001/2002 1 “ we make it happen. 2 ”every minute, every hour, everyday. SATS annual report 2001/2002 3 CORPORATE INFORMATION BOARD OF DIRECTORS REMUNERATION COMMITTEE CORPORATE MANAGEMENT Cheong Choong Kong Richard Charles Helfer Prush Nadaisan Chairman Chairman Chief Executive Officer Singapore Airport Terminal Services
    [Show full text]
  • Singapore Airlines
    VOL. 8 NO. 5 MARCH 2001 MAGAZINE OF THE ASSOCIATION OF ASIA PACIFIC AIRLINES LIFE AFTER SQ006 Global goals still on track Best of buddies at SIA ‘I‘I supposesuppose thethe truthtruth ofof ourour vulnerabilityvulnerability andand mortalitymortality hithit uus. Executive interview: ItIt waswas aa devastatingdevastating experience’experience’ BA’s Eddington puts – Dr Cheong Choong Kong, SIASIA deputydeputy chairmanchairman andand chiefchief executiveexecutive accent on success speakingspeaking aboutabout thethe crashcrash ofof SQ006SQ006 Country focus: Japan JAL chief Kaneko’s tough love pays dividends SPECIAL REPORT: Commuter and business jet aviation in the Asia-Pacific VOL. 8 NO. 5 MARCH 2001 COVER STORY N E W S THAI for the Thais, says new government 12 LIFE Ansett sale? Forget it, say bosses 12 China passengers accuse JAL of bias 13 AFTER Executive clear-out at Qantas 15 Airlines face big rise in fees at Sydney Airport 27 SQ006 Page 18 Cathay Pacific first airline to buy into inflight e-mail company 30 Business digest 48 SIA chief EXECUTIVE INTERVIEWS looks to Rod Eddington makes his mark at British Airways 24 the future Isao Kaneko’s quick thinking pays at Japan Airlines 34 COUNTRY FOCUS: JAPAN VOL. 8 NO. 5 MARCH 2001 Restructuring earns dividends for Japan Airlines 34 Japan Air System to upgrade fleet 36 MAGAZINE OF THE ASSOCIATION OF ASIA PACIFIC AIRLINES New president for All Nippon Airways 37 Tokyo’s regional hub status under threat 38 LIFE AFTER SQ006 SPECIAL REPORT COMMUTER AND BUSINESS JET AVIATION Global goals still on track China to lead regional jet boom 41 Best of buddies at SIA Hainan Airlines for airline joint venture with Hong Kong? 42 ‘I‘I supposesuppose thethe truthtruth ofof ourour vulnerabilityvulnerability andand mortalitymortality hithit uus.
    [Show full text]
  • Singapore Airport Terminal Services Limited (SATS)
    Rationale One of the 24 million passengers that will experience the seamless, quality service that SATS promises to deliver. As the leading ground handling services provider at Changi, the world’s best airport, SATS prides itself in being able A happy, nurturing work to achieve consistently its strict environment not only fosters operational targets, such as creativity and esprit d’corps, it delivering the first bag within also helps to cultivate a positive, 12 minutes of the flight’s arrival. can-do attitude from all of our staff - something which we call As a public company, we have a the YES! attitude. similar commitment to deliver value to all who have a stake in the Group’s success - our shareholders, investors, customers, partners, and staff. Delivering Value To Our Stakeholders, the theme for this year’s annual report, mirrors our corporate responsibility, now and in the years to come. Contents Corporate Profile Page 2 ❦ Corporate Information Page 3 ❦ Chairman’s Statement Page 4 ❦ Directors’ Report Page 6 ❦ Auditor’s Report Page 12 ❦ Profit And Loss Accounts Page 13 ❦ Balance Sheet Page 14 ❦ Consolidated Cash Flow Statement Page 15 ❦ Significant Related Party Transactions Page 16 ❦ Additional Information Page 17 ❦ Notice of Annual General Meeting Page 18 ❦ Information On Shareholdings Page 20 ❦ Request Form Page 21 ❦ Proxy Form Page 23 Corporate Profile SATS is the leading provider of integrated ground handling and inflight catering services at Singapore Changi Airport. In FY 2000/01, we served more than 24 million passengers, handled over 1.4 million tonnes of air freight, and catered over 22.9 million meals.
    [Show full text]
  • Is It Working in the Asia-Pacific?
    VOL. 7 NO. 8 JUNE 2000 MAGAZINE OF THE ASSOCIATION OF ASIA PACIFIC AIRLINES DEREGULATION Is it working in the Asia-Pacific? ATR’s ‘room’ Start-ups abound as with a view Indonesia’s domestic over Mt. Everest market flourishes SPECIAL REPORT: Training in the Asia-Pacific VOL. 7 NO. 8 JUNE 2000 COVER STORY N E W S Cathay commercial flight pioneers trans-Polar route 10 FAA suspends Qantas maintenance permit 10 DEREGULATION Two Taiwanese carriers grounded 11 IN THE China Southern, MTU sign engine overhaul deal 11 Business round-up 12 ASIA-PACIC Page 16 SIA boost for A3XX 24 Cargo centre stage in Hong Kong open skies feud 28 Is it working? Business digest 45 VOL. 7 NO. 8 JUNE 2000 FEATURES Start-up frenzy in Indonesia as domestic air travel soars 26 MAGAZINE OF THE ASSOCIATION OF ASIA PACIFIC AIRLINES The Lufthansa and SAir groups woo the Asia-Pacific in their bids for global supremacy 32 S P E C I A L R E P O R T Training: Could Hong Kong become Asia’s leading pilot training centre? DEREGULATION New rival players say yes 37 Is it working Flying schools growing fast in China 39 in the Asia-Pacific? ATR’s ‘room’ Start-ups abound as with a view Indonesia’s domestic over Mt. Everest market flourishes COMMENT SPECIAL REPORT: Training in the Asia-Pacific Behind the Cockpit Door by The Captain 36 Turbulence by Tom Ballantyne 50 I N F L I G H T A S I A A 16-page pull-out dedicated to onboard services and technology.
    [Show full text]
  • SIAEC A/R Layout
    Mission Statement SIA Engineering Company is engaged in providing aviation engineering services of the highest quality, at competitive prices for customers and a profit to the Company. Corporate Profile SIA Engineering Company provides TOTAL SUPPORT maintenance, repair and overhaul (MRO) services to an expanding client base of international air carriers. The Company combines specialised expertise developed over the years with extensive experience as an airline engineering service provider to offer a high level of service and commitment to its customers. In addition, SIA Engineering Company actively seeks alliances and partnerships with industry specialists and original equipment manufacturers to extend the breadth and depth of its services. Investments in both staff and processes have earned the Company the People Developer Award from SPRING Singapore, along with ISO 9002, ISO 14001 and OHSAS 18001 certifications, as well as approvals from 23 airworthiness authorities worldwide. In 2002, SIA Engineering was awarded “Most Transparent Company” in the services/ utilities/agriculture sector by the Securities Investors Association of Singapore and “Best Asia-Pacific Airline MRO Operation of the Year” by Aviation Week magazine. “SIA Engineering was chosen for this Award by the editors and writers of Overhaul & Maintenance and Aviation Week because of its dedication to safety and quality, its demonstrated operational excellence, and because of the way the Company and its managers have successfully navigated one of the most difficult economic periods in the history of commercial aviation.” Frank Jackman, Editor-in-Chief of Aviation Week’s publication, Overhaul & Maintenance magazine “Accessibility to management and tour of facilities provide me and my clients with a good understanding of the MRO business.” Charles Neo, Director, UBS Warburg “SIA Engineering’s excellent and proactive investor relations programme has certainly contributed to the award.
    [Show full text]