Singapore Airlines (SIA) has achieved a notable position in Fortune magazine’s list of most admired companies in the world, ranking 29th in 2024, an improvement from its 31st position the previous year. This accomplishment not only underscores SIA’s prestigious reputation on the global stage but also highlights it as the second-highest placed Asian company, trailing only behind Toyota. Within the airline industry, SIA secured the second spot, further solidifying its status as a leading carrier with a commitment to innovation, quality of products and services, people management, and financial soundness.
The ranking by Fortune is determined through a survey involving 3,720 executives, directors, and securities analysts from various industries worldwide, who were asked to nominate the ten companies they admire the most. SIA’s acknowledgment in this list reflects its dedication to maintaining high standards and delivering a world-class travel experience to its customers. The airline’s focus on innovation and service excellence has been a driving force behind its leadership position in the aviation sector.
This recognition comes on the heels of SIA reporting a record half-year profit in November 2023, with net profits rising to S$1.44 billion (US$1.06 billion), indicating a strong recovery and performance amidst the challenges faced by the aviation industry. SIA’s inclusion in Fortune’s list not only celebrates its operational and service excellence but also its resilience and strategic vision in navigating the complexities of the global travel landscape.
Also learn about Singapore Airlines Expands UK Reach with Non-Stop Flights to London Gatwick.
