Singapore Airlines 2009 Annual Report Download - page 2

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2
Registered Address
Airline House 25 Airline Road Singapore 819829
Company Secretary
Ethel Tan
Tel: 6541 4030 Fax: 6546 7469
Email: [email protected]
Investor Relations
Tel: 6541 4885 Fax: 6542 9605
Email: [email protected]
Public Affairs
Tel: 6541 5880 Fax: 6545 6083
Email: [email protected]
MICA (P) 088/05/2009
Singapore Company Registration Number: 197200078R
www.singaporeair.com
Singapore Airlines Group achieved a net profi t attributable to equity holders of $1,062 million for the
fi nancial year 2008-09. The Company performed well in the fi rst half of the fi nancial year, but the
second half saw demand for air travel impacted by the global economic downturn.
Despite these challenging times, the Airline continued to invest in its long-term future by providing
customers with enhanced products and services. These include a new Business Class seat specially
designed for regional and medium-haul routes, and the introduction of iPod connectivity on its Airbus
A330-300 and A340-500 aircraft. Riyadh and Kuwait were added to the Singapore Airlines network.
To unlock shareholder value and maintain its focus on airline and aircraft maintenance, repair and
overhaul businesses, the Company is proposing a dividend in specie of Singapore Airlines’ entire
shareholding in Singapore Airport Terminal Services.
Singapore Airlines Group will continue to build on the fundamentals that have served it well. This
includes exercising cost discipline in the management of fi nances to ensure that the Company’s
balance sheet remains strong. It will also keep on investing in the training and development of its
people, and in systems and infrastructure so as to uphold the highest customer service standards.