Singapore Airlines revenue grows 3 times, this is SIA’s 50-year history

TEMPO.CO, Jakarta – Revenue Airlines to Singapore or SIA tripled to S$3.9 billion in the three months to June 30, 2022. Meanwhile, quarterly operating profit was the highest in the company’s history at S$556 million. Singaporeans.

This figure is an increase due to losses to reach S$409 million in the first quarter of the previous year. Meanwhile, two-thirds of its revenue comes from freight.

DRAIN has been established since 1972. These advantages and disadvantages are part of the dynamics of the company’s activity. However, do any of you know that the history of SIA’s formation can remain strong to this day? Read the explanation.

50 years of Singapore Airlines

On January 28, 1972, Singapore Airlines, often referred to as SIA, became the main flag carrier of neighboring country Singapore. As one of the most successful airlines in the world, this company already offers flights with local and international destinations.

On page eresources.nlb.gov.sg, The formation of SIA can be attributed to the presence of Malayan Airways Limited (MAL) which was established on October 21, 1937 by British Imperial Airways (MAL), Straits Steamship Company (SSC) and Ocean Steamship Company of Liverpool. At the beginning of the Second World War, MAL, initially abandoned, gradually became famous again by offering flights with connections three times a week to Kuala Lumpur, then Ipoh and Penang.

Additionally, MAL has expanded its wings by creating flight routes with domestic and regional destinations such as Jakarta, Medan, Palembang, Saigon and Hong Kong. This success prompted MAL to further increase the size of its fleet and create the acquisition of new jet aircraft.

Aircraft included Douglas DC-3, Vickers Viscount, Lockheed Super Constellation, Comet IV, Fokker F27, DC-4 Skymaster, Bristol Britannia, and Boeing 707 and 737.6.

On September 16, 1963, MAL changed its name to Malaysian Airways after the formation of the Federation of Malaysia at that time. Then Singapore left the federation on August 9, 1945, which immediately changed the name of the airline to Malaysia-Singapore Airlines (MSA) in 1966.

Seven months later, the governments of Singapore and Malaysia began injecting massive funds to help the airline operate. This brings the airline’s share to 42.79%. The remaining shares are held by the Government of Brunei, BOAC, Qantas, Straits Steamship Company and Ocean Steamship Company.

Strongly increasing profits further aggravate the differences in vision of the two parties. On the Malaysian side, they want a restructuring to become a separate national airline.

The airline’s assets are shared and want to call themselves Malaysia as Malaysian Airline System (MAS). The airline plans to receive Friendship Fleet, Britten-Norman aircraft, equipment in Malaysia and all domestic routes in Malaysia.

But on the other hand, there is a different vision in the Singapore camp, they want to receive all types of Boeing aircraft, airline headquarters buildings, aircraft hangars and maintenance facilities at home. Paya Lebar airport, computerized reservation systems and most overseas offices. Coupled with the desire to appropriate the course

Consequently, the Singaporean airline was also present in 1972 with the prefix name Mercury Singapore Airlines or an acronym for MSA. As a result, Malaysia and Singapore clashed and MSA’s name in Singapore became Singapore Airlines (SIA).

Finally, the airline began operating on three international routes on October 1, 1972. First to London, then to Sydney and finally to Singapore.

50 years have passed but Airline company he still survives with all the dynamics of his business. The airline even received the Conde Nast Traveler award for “Best Airline in the World”, “Asia’s Most Admired Company” award from the Wall Street Journal, and was also ranked 18th in the Top 50 Fortune magazine’s World’s Most Admired Companies.

FATHUR RACHMAN

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Jordan Carlson

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