SIA squanders shareholders' money to do national service

Leongsam said:

It makes great business sense as F1 is an international event and SIA is an international carrier.

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hockbeng said:

its actually a damn bloody boring spectacle.

even with free grand stand tickets, i turned it down

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LITTLEREDDOT said:

SIA is wasting $100m to "sponsor" F1 ...

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Leongsam said:

Can't be as bad as soccer which is like watching paint dry.

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THE_CHANSTER said:

This year's FIFA World Cup in Brazil will be the most watched sporting event on the planet.

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Leongsam said:

Can't be as bad as soccer which is like watching paint dry.

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LITTLEREDDOT said:

[h=1]Singapore Airlines and Singapore GP is a partnership made in cross promotion heaven[/h]
PUBLISHED ON APR 15, 2014 4:23 PM
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From left to right in black suits, Mr Michael Roche, Executive Director of Singapore GP, Mr Goh Choon Phong, Singapore Airlines CEO, Mr Ong Beng Seng from Singapore GP and Mr Stephen Lee, Chairman of Singapore Airlines, take a group photo with the stewardesses. Singapore Airlines is the new title sponsor of the 2014 Formula 1 Singapore Airlines Singapore Grand Prix, in an announcement on April 15, 2014. The night race has made Singapore a sexy destination, which dovetails nicely with Singapore Airlines raison d'etre. -- ST PHOTO: KEVIN LIM







BY FABIUS CHEN

It promises to be quite the mouthful, the title of Formula One Singapore Airlines Singapore Grand Prix.
But as the sport’s first night race enters into a new two-year title sponsorship deal with Singapore Airlines, it is easy to see why many believe that the pair are a natural fit.
After all, who better to partner the F1, the Republic’s biggest spinner of tourism dollars, to than the country's world-famous carrier?
Ong Beng Seng, the chairman of race organiser Singapore GP, suggested as much at the agreement’s announcement on Tuesday morning, when he described the partnership as a “synergistic” one.


- See more at: http://www.straitstimes.com/archive...nership-made-cross-promo#sthash.qmrI5yHQ.dpuf

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Papsmearer said:

The PAP always talk about making a business case for this and for that. If F1 is not profitable on its own and has to rely on $100 million from SQ and whatever other GLCs, than they should be allowed to leave or go broke. But this is a prestige bragging rights show for the PAP, so lan lan must have it even though it costs the taxpayer money. Calculate until damn choon when it comes to free screening for breast cancer, and other medical procedures, but when it comes to spending money on angmor drivers and their angmo car companies, the sky is the limit. Fucking PAP.

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Papsmearer said:

The PAP always talk about making a business case for this and for that. If F1 is not profitable on its own and has to rely on $100 million from SQ and whatever other GLCs, than they should be allowed to leave or go broke. But this is a prestige bragging rights show for the PAP, so lan lan must have it even though it costs the taxpayer money. Calculate until damn choon when it comes to free screening for breast cancer, and other medical procedures, but when it comes to spending money on angmor drivers and their angmo car companies, the sky is the limit. Fucking PAP.

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Thick Face Black Heart said:

Nothing the PAP does is profitable. Take Suzhou industrial park and F1 as prime examples. That's why they have to get GLCs to sponsor their ego-driven profligacy and eventually resort to taking out CPF and tax payer dollars to fuel their craving for international attention and the lust that accompanies acting like some big boy on the world stage.

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Thick Face Black Heart said:

Nothing the PAP does is profitable. Take Suzhou industrial park and F1 as prime examples. That's why they have to get GLCs to sponsor their ego-driven profligacy and eventually resort to taking out CPF and tax payer dollars to fuel their craving for international attention and the lust that accompanies acting like some big boy on the world stage.

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LITTLEREDDOT said:

SIA is wasting $100m to "sponsor" F1. This is national service to keep the F1 alive, with the duty to do national service passed from SingTel to SIA. Who is next to be mobilised: DBS, CapitalLand?

Should return $100m in dividends to shareholders.

[h=1]Formula One: Singapore Airlines announced as new title sponsor for Singapore night race[/h]
PUBLISHED ON APR 15, 2014 10:55 AM






BY FABIUS CHEN

THE Formula One Singapore Grand Prix is set to soar to new heights, with Singapore Airlines (SIA) coming on board as its new title sponsor.
In an announcement made at its Training Centre along Upper Changi Road East on Tuesday morning, the national carrier confirmed the two-year naming rights deal that will run through the 2015 race.
Said Singapore Airlines CEO Mr Goh Choon Phong: "We are thrilled to be taking up the title sponsorship of one of the most exciting races on the F1 calendar, and we are especially pleased to be doing so in the lead up to Singapore's 50th birthday next year.
"Singapore Airlines has always supported the development of both sports and tourism. Through our involvement with the world's first F1 night race we will be able to enhance both for the benefit of Singaporeans and visitors alike."


- See more at: http://www.straitstimes.com/archive...e-sponsor-singapore-nigh#sthash.f2n7qZBd.dpuf

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TracyTan866 said:

SIA girls are mediocre nowadays.

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