Singapore Airlines 2016 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2016 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 232

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232

OVERVIEW
2 3-Year Financial Highlights
3 SIA Group Portfolio
4 Statistical Highlights
6 Significant Events
STRATEGY
8 Configuring a Multi-Hub Strategy
10 Strengthening Premium Positioning
12 Developing New Opportunities
14 Our Strategy for the Future
16 Chairman’s Letter to Shareholders
18 Board of Directors
PERFORMANCE
22 The Year in Review
24 Network
25 Fleet Management
26 Products and Services
32 People Development
34 Environment
35 Community Engagement
36 Subsidiaries
44 Financial Review
60 Awards
GOVERNANCE
62 Statement on Risk Management
63 Corporate Governance Report
75 Membership and Attendance of Singapore
Airlines Limited
76 Further Information on Board of Directors
FINANCIAL
84 Financial Report
85 Report by the Board of Directors
223 Notice Of Annual General Meeting
IBC Corporate Data
Contents
The Group remains fully committed
to its multi-pronged approach to
address structural changes that
have been taking place in the
industry, through a portfolio of
airlines serving both full-service
and budget airline segments of
the market, a multi-hub strategy,
the pursuit of adjacent business
opportunities, and ongoing
enhancement of premium products
and services.
1.
Vistara
Vistara, a full-service
airline based in New
Delhi, is a joint venture
between Tata Sons and
Singapore Airlines
SIA Group
Multi-Hub Strategy:
2.
NokScoot
NokScoot is a joint venture set up by
Nok Air and Scoot. NokScoot operates
widebody Boeing 777-200 aircra
from its Bangkok base, and its cargo
capacity is managed by SIA Cargo
Annual Report FY2015/16 1
OVERVIEW