Singapore Airlines

Founded in 1947, Singapore Airlines is the flag carrier airline of Singapore. It provides regional and cross-continental passenger and cargo services to destinations worldwide, operating under dual brands: premium carrier Singapore Airlines (SIA) and low-cost regional carrier Scoot.

JoAnn Tan

CFO

9 past transactions

Vistara

Private Equity Round in 2019
Vistara is a joint venture of Tata Sons Limited and Singapore Airlines Limited (SIA), wherein Tata Sons holds 51% stake in partnership and Singapore Airlines owns 49% stake. The company is registered as TATA SIA Airlines Limited. In 2013, two legendary brands, Tata Sons and Singapore Airlines, decided to fulfil a long-cherished shared dream to bring forth a distinguished flying experience to air travellers in India. With its strong historical ties with aviation, the Tata group had long wished to re-enter the aviation sector, after Tata Airlines was renamed Air India and eventually, nationalised. Both, the Tata group and Singapore Airlines were also firm believers in the growth potential of the Indian aviation sector and hence tried to enter the market in the past; first, in 1994 by setting up a joint venture to start an airline in India and then in 2000, teaming up to purchase stakes in Air India. However, after the lifting of foreign investment restrictions in 2012, the partners once again sought approval for a tie-up, which it obtained in October 2013. On November 5, 2013, Vistara’s holding company, TATA SIA Airlines Limited, was incorporated.

Data Republic

Series B in 2018
Data Republic is a developer of enterprise software focused on enabling organizations to safely and efficiently share their data with external parties. The company provides an all-in-one solution that allows businesses to govern data access beyond their internal systems while maintaining control over data visibility, permitted use, and licensing. Through its secure technology, Data Republic offers a legal framework, privacy-preserving matching, governed workflows, and secure workspaces for data analysis. This comprehensive approach ensures that enterprises can rapidly scale their data strategies and initiate projects in a matter of days, without compromising security or privacy. By facilitating connections to external data sources and analytics, Data Republic empowers organizations to unlock the full potential of their valuable data assets.

Vistara

Private Equity Round in 2018
Vistara is a joint venture of Tata Sons Limited and Singapore Airlines Limited (SIA), wherein Tata Sons holds 51% stake in partnership and Singapore Airlines owns 49% stake. The company is registered as TATA SIA Airlines Limited. In 2013, two legendary brands, Tata Sons and Singapore Airlines, decided to fulfil a long-cherished shared dream to bring forth a distinguished flying experience to air travellers in India. With its strong historical ties with aviation, the Tata group had long wished to re-enter the aviation sector, after Tata Airlines was renamed Air India and eventually, nationalised. Both, the Tata group and Singapore Airlines were also firm believers in the growth potential of the Indian aviation sector and hence tried to enter the market in the past; first, in 1994 by setting up a joint venture to start an airline in India and then in 2000, teaming up to purchase stakes in Air India. However, after the lifting of foreign investment restrictions in 2012, the partners once again sought approval for a tie-up, which it obtained in October 2013. On November 5, 2013, Vistara’s holding company, TATA SIA Airlines Limited, was incorporated.

DFASS SATS

Acquisition in 2018
DFASS SATS Pte. Ltd. provides inflight duty-free and duty-paid sales, supplies liquor for inflight pouring services, and operates ground-based duty-free and duty-paid retail sales.

Virgin Australia

Post in 2016
Founded in 2000, Virgin Australia operates as Australia's second-largest airline, serving over 50 destinations worldwide with a fleet of 106 aircraft. It offers a mix of low-cost and full-service options, targeting leisure travelers and small to medium enterprises.

Tiger Airways Holdings

Acquisition in 2016
Tiger Airways Holdings Pte. Ltd. is a Singapore-based budget airline established in 2004, providing affordable air transportation services to approximately 38 destinations across 12 countries in Asia. The company operates a fleet of modern Airbus A320-family aircraft, which average less than three years in age. Tiger Airways comprises several carriers, including Tigerair Singapore, Tigerair Australia, Tigerair Philippines, and Tigerair Mandala, collectively extending their network to over 50 destinations across the Asia Pacific region. Additionally, the company has formed a strategic alliance with Cebu Pacific, enhancing its service offerings. As a subsidiary of Singapore Airlines Limited, Tiger Airways Holdings is focused on delivering a seamless customer experience while maintaining cost-effective travel solutions.

Virgin Australia

Post in 2013
Founded in 2000, Virgin Australia operates as Australia's second-largest airline, serving over 50 destinations worldwide with a fleet of 106 aircraft. It offers a mix of low-cost and full-service options, targeting leisure travelers and small to medium enterprises.

Virgin Australia

Post in 2012
Founded in 2000, Virgin Australia operates as Australia's second-largest airline, serving over 50 destinations worldwide with a fleet of 106 aircraft. It offers a mix of low-cost and full-service options, targeting leisure travelers and small to medium enterprises.

Virgin Atlantic Airways

Secondary Market in 1999
Virgin Atlantic Airways is a British airline based in Crawley, United Kingdom, offering air transportation services to over 30 destinations worldwide. The airline connects major cities including London, Edinburgh, Glasgow, Manchester, Delhi, Hong Kong, Shanghai, Dubai, Johannesburg, and Lagos. In addition to passenger transportation, Virgin Atlantic provides terminal operations and related services, facilitating seamless travel experiences for its customers.
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