Singapore Airlines 2001 Annual Report Download - page 12

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10 SIA annual report 00/01
Significant Events
June 2000
❖SIA teams up with International SOS,
the world's largest medical assistance
company, to introduce the Telemedical
Service on board its flights. The service
allows cabin crew to consult medical
staff on the ground if a passenger
becomes ill on board.
❖SIA joins eight other Asia-Pacific airlines
to launch Travel Exchange Asia, an
Internet portal that offers customers
a full range of online travel services.
July 2000
❖SIA introduces Mobile Services to
allow customers to access up-to-the-
minute flight information anywhere
and at anytime of the day using
WAP (Wireless Application Protocol)
phones.
❖SIA announces the appointment of
Mr Fock Siew Wah, Mr Ho Kwon Ping
and Mr Davinder Singh as new
Board members.
❖SIA joins 12 other leading airlines to
launch Aeroxchange, an Internet-driven
business-to-business e-commerce
exchange that offers the most
comprehensive selection of aircraft
technical parts and services on the
Internet, as well as general
business supplies.
❖SIA announces it will exercise options
for two B777-200ER and one
B777-200 aircraft, worth US$540
million including spares. The aircraft
will be powered by Rolls-Royce Trent
892 engines and will be delivered
in 2002.
April 2000
❖SIA becomes the 11th member of
the Star Alliance, which provides
customers with access to a global route
network and seamless service.
❖SIA acquires an 8.3 per cent stake in
Air New Zealand in the form of 'B'
ordinary shares, paying NZ$141
million, or NZ$3 per share. Later in
the month, it reaches agreement
with Brierley Investments Ltd to
acquire a further 16.7 per cent for
NZ$285 million, raising its total
stake to 25 per cent. The acquisition
is subject to regulatory approvals, due
diligence, and Air New Zealand –
owner of 50 per cent of Ansett –
completing its acquisition of the
remaining 50 per cent.
❖SIA, Lufthansa Cargo and SAS Cargo
step up cooperation in the air cargo
business by signing an agreement to
embark on New Global Cargo, a joint
project to enable the seamless carriage
of airfreight throughout their
combined cargo network.
❖ SIA is named 'Best Airline (Overall)'
and 'Best Asian Airline' in Travel Trade
Gazette's Travel Awards. SIA is also
voted 'Best Airline' in Asian Wall Street
Journal's Asian Travel Survey Award
for the fourth year in a row.
M ay 2000
❖ SIA subsidiaries Singapore Airport
Terminal Services (SATS) and SIA
Engineering Company (SIAEC) each
list 13 per cent of their shares on
the Singapore Exchange following
the launch of their respective initial
public offers.