In the year 2006, Indigo, today's one of the fastest growing low cost carriers in the world and one of the largest profitable airline in India was established by Rahul Bhatia & Rakesh Gangwal. The Cost Reduction Business model that has been adopted by the airlines effectively reduces its operating costs. Airbus A320 has been adopted as the sole aircraft type that they usually purchase in bulk from the Airbus company. This saves a great deal of time while the training of the Airlines crew. The airlines allows 15 Kg of Baggage for the passengers.
The Headquarters are located at Gurugram, Haryana. The company was founded as a private company, but went public in 2015. The airline operates to 46 destinations (and growing). It has its primary hub at Indira Gandhi International Airport, Delhi. They have a 42.6% market share in terms of passengers carried according to last year's data. Earlier on 15 August 2015, IndiGo confirmed the order for 250 "A320 Neo" aircraft for $26.5 billion.…
Singapore Airlines is the national airline of Singapore. Headquartered at Airline House, its chief hub is located at Singapore's Changi Airport. The airline's first flight, using an Airspeed Consul, took off from the British Straits Settlement of Singapore to Kuala Lumpur, on April 2, 1947. From May 1, 1947 onwards, the airline started plying regular weekly flights from Singapore to Kuala Lumpur, Ipoh and Penang. The following decade witnessed the rapid expansion of the airline. At that time, the airline was provided technical assistance from British Commonwealth carriers, which included BOAC and Qantas Empire Airways.
It holds the merit of being one among the only four airlines in the world to receive a 5-star rating by Skytrax. Recently, the airline was ranked 33rd in Fortune's World's Most Admired Companies. The airline is the launch customer of the Airbus A380 aircraft, which is popularly called 'superjumbo'. Due to its world-class safety and services to its passengers, the…
The origin of Malaysia Airlines can be traced back to 1937, when Malayan Airways Limited (MAL) was incorporated on October 12. MAL was a joint initiative of the Ocean Steamship Company of Liverpool, the Straits Steamship Company of Singapore and Imperial Airways. It was formed to run an air service between Penang and Singapore. On April 2, 1947, the airline conducted its first commercial flight, from Singapore to Kuala Lumpur.
Malaysia Airlines is the national airline of Malaysia, offering air travel in the country. It is based at KL International Airport, while its secondary hub is located at Kota Kinabalu. In 1997, the air service operated the longest non-commercial, non-stop flight in the world, from Boeing Field in Seattle to Kuala Lumpur, passing Europe and Africa, breaking the Great Circle Distance without landing anywhere in the middle. It has the largest fleet size in South East Asia and is one of the four airlines in the world to have been awarded a 5-star rating by Skytrax. …
On August 6, 1935, businessman Wee Kheng Chiang, together with six other friends, established the bank after raising S$1 million. The bank was named United Chinese Bank (UCB) to emphasize its links to the Chinese population in Singapore. On October 1935, UCB opened for business in the three story Bonham Building. In 1965, the bank was renamed to United Overseas Bank and opened its first overseas branch in Hong Kong. In 1970, UOB was listed on the Joint Stock Exchange of Singapore and Malaysia, at that time which Singapore did not have its own stock exchange. After it was publicly listed, the bank went through a series of targeted acquisitions. The bank first acquired Chung Khiaw Bank in 1971, which expanded its domestic presence and also gave the bank offices in Malaysia and Hong Kong. In 1973, UOB then acquired Lee Wah Bank, which provided services in Malaysia and Singapore. In that same year, the bank built a new 30 storey office tower in place of the Bonham Building, which was named…
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