TL;DR – Flying the Singapore flag high.
Singapore Airlines (SIA) has been ranked the top global airline by Fortune. The national carrier was also cited as the leading Asian firm in the magazine’s list of the 50 Most Admired Companies in the world, which was announced on Wednesday (2 February) reported Straits Times.
The Singapore carrier came in 32nd overall, up two spots from 34th last year. Reportedly, this is the 20th time the company has made it to the annual list. It took the top global airline spot this year, climbing up from no. 2 last year. Delta Air Lines and Air France-KLM, on the other hand, were second and third respectively in the airline scene.
SIA has also ranked ahead of Japanese carmaker Toyota Motor, which came in at 34th place, the only other Asian company to have made the list. It also beat other global giants such as BMW, Bank of America, PepsiCo, IBM, and Visa.
Tech giants Apple, Amazon, and Microsoft held the top three spots while Pfizer came in fourth.
In response to the announcement, SIA chief executive Goh Choon Phong said the global airline industry has faced unprecedented challenges over the last two years.
“This recognition by Fortune is an acknowledgement of SIA’s unwavering focus on providing industry-leading products and world-class service to our customers, as well as the spirit of innovation that permeates all areas of our business despite the disruption caused by the pandemic,” he said, adding that the company will build on ongoing efforts to emerge stronger as a leading international airline.
“It is also a tribute to the resilience and dedication of our people.”
Congratulations SIA! 🇸🇬🇸🇬🇸🇬