Singapore Airlines 2003 Annual Report Download - page 98
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96 SIA Annual Report 02/03
Notes to the Financial Statements
31 March 2003
21 Associated Companies (in $ million) (continued)
The associated companies at 31 March 2003 were:
Country of Percentage of
incorporation Cost equity held by
and place of (in $ million) the Group
Principal activities business 2003 2002 2003 2002
Service Quality (SQ) Centre Quality service training Singapore # # 50 50
Pte Ltd
Virgin Atlantic Limited * Air transportation UK 1,682.06 1,648.39 49 49
Asian Frequent Flyer Pte Ltd Liquidated Singapore – 0.05 – 33.3
Asia Leasing Limited Aircraft leasing Bermuda 10.88 10.88 21 21
RCMS Properties Private Limited Hotel ownership and Singapore 31.16 30.30 20 20
management
Aviserv Limited Inflight catering services Pakistan 3.31 3.31 43 43
TAJ SATS Air Catering Limited Inflight catering services India 31.26 31.26 43 43
SERVAIR-SATS Holding Investment holding company Singapore 0.51 0.51 43 43
Company Pte Ltd
Beijing Airport Inflight Inflight catering services People’s 13.88 13.88 35 35
Kitchen Limited Republic
of China
Beijing Aviation Ground Ground handling services – do – 5.71 5.71 35 35
Services Company Limited
Maldives Inflight Catering Inflight catering services Maldives 0.29 0.29 30 30
Private Limited
Taj Madras Flight Kitchen Inflight catering services India 1.90 1.90 26 26
Limited
Tan Son Nhat Cargo Ground handling services Vietnam 1.96 1.96 26 26
Services Ltd
Asia Airfreight Terminal Co Ltd Ground handling services Hong Kong 16.16 16.16 21 21
Evergreen Air Cargo Ground handling services Taiwan 15.92 12.81 22 17
Services Corporation
Evergreen Airline Ground handling services – do – 5.23 4.89 17 17
Services Corporation
MacroAsia-Eurest Inflight catering services Philippines 2.03 2.03 17 17
Catering Services Inc.