
SIA sets up new company to manage Scoot, Tigerair
Their operations will be better integrated.
Singapore Airlines has formed a holding company, Budget Aviation Holdings, to own and manage its low-cost subsidiaries Scoot and Tiger Airways.
This follows SIA’s successful privatisation of Tigerair. Lee Lik Hsin, who has led Tigerair since May 2014, will lead both budget airlines as CEO of the holding company.
Meanwhile, Campbell Wilson, who has led Scoot as CEO since prior to its launch of operations in 2012, will be returning to SIA in a senior position.
SIA said that the holding company structure will allow for the integration and sharing of key functions, such as in sales and marketing, IT, planning and operations.