Singapore Airlines 2016 Annual Report Download - page 44

Scoot ended the financial year having successfully
transitioned to the world’s only all-787 Dreamliner fleet,
which transformed its guest experience and operating
economics, and helped it attain a full-year operating
profit of $28 million.
In FY2015/16, Scoot carried more than 2.4 million
passengers with an average load factor of about 84.5 per
cent. At the end of the financial year, Scoot also received
its 10th 787 Dreamliner, out of 20 on order.
Scoot launched five new destinations – Osaka,
Kaohsiung, Hangzhou, Melbourne and Guangzhou – in
the past year as it continued to grow its network and
market presence. Scoot will chart new paths in the
Middle East and India, commencing operations to
Jeddah, Chennai and Amritsar in May and Jaipur in
October 2016. Additional routes will be announced and
launched in the course of the new financial year.
The establishment of NokScoot with joint venture
partner Nok Air has progressed well. NokScoot currently
operates scheduled flights from Bangkok to Qingdao,
Nanjing, Shenyang and Tianjin in China, as well as Taipei
in Taiwan; it also operates charter flights to Japan.
Scoot continues to deepen its alliance with Tigerair
following the anti-trust immunity (ATI) granted by
the Competition Commission of Singapore (CCS).
Further to operating joint venture services on
parallel routes including Singapore to Hong Kong
and Bangkok, both carriers have successfully
integrated the Scoot and Tigerair reservation systems,
with joint ground handling planned at the airlines’
Singapore home base.
Scoot and Tigerair are important elements of SIA's
portfolio strategy in which it has investments in both
full-service and budget aspects of the airline business.
Following a voluntary general oer, Tigerair recently
joined Scoot in being a wholly owned subsidiary of
SIA. Scoot and Tigerair have since embarked on a
deep integration process to fully realise commercial
and operational synergies under a common holding
company, Budget Aviation Holdings Pte Ltd.
Scoot’s relentless drive for innovation was rewarded
with a number of accolades during the past year.
Airlineratings.com ranked Scoot the best LCC in Asia
Pacific for two years running in 2015 and 2016,
ST Readers’ Choice voted Scoot as the Best Budget
Airline in 2014 and 2015, while Skytrax considers
Scoot one of the world’s top 10 LCCs.
FY2016/17 will continue to be a year of strong
expansion, with a 51 per cent capacity increase as
Scoot receives a further two 787s to finish the year
with a fleet of 12 aircra and over 1,000 sta.
Scoot continues to be encouraged by the step-change
in economics that the all-787 fleet has brought to
its business.
Firm Orders of
10
Boeing 787 Dreamliners
New Destinations
5
to Osaka, Kaohsiung,
Hangzhou, Melbourne
and Guangzhou
Subsidiaries continued
Scoot
In FY 2015/16, Scoot carried more than
2.4 million passengers with an average load
factor of about 84.5 per cent.
Singapore Airlines42
PERFORMANCE