Budget Aviation Holdings
| Company type | Private | |
|---|---|---|
| Industry | Parent Singapore Airlines | |
| Subsidiaries | Scoot (100%) |
Budget Aviation Holdings is a Singapore-based holding company for a low-cost carrier operating in the Asia-Pacific region, consisting of Scoot.[1]
The holding company was formed on 18 May 2016 to allow for easier management of the airline subsidiaries following the delisting of Tiger Airways from the Singapore stock exchange.[2]
References
- ^ "Singapore Air Forms New Company to Manage Two Budget Carriers". Bloomberg. Retrieved 21 May 2016.
- ^ "SIA ESTABLISHES HOLDING COMPANY FOR SCOOT AND TIGER AIRWAYS" (Press release). 18 May 2016. Archived from the original on 19 September 2016. Retrieved 19 May 2016.