A bit of history today. In this occasion lets dive into the history of scoot airlines. Scoot, a low-cost subsidiary of Singapore Airlines, was established in 2011 to compete in the budget airline market. Launched in 2012, it initially operated medium- and long-haul routes, expanding rapidly across Asia-Pacific with a fleet of Boeing 787 Dreamliners and Airbus A320. By 2025, Scoot has solidified its position, serving over 70 destinations. 

Scoot emerged from Singapore Airlines' strategy to capture the low-cost segment, merging with Tigerair in 2017 to streamline operations. It weathered COVID-19 challenges by upgrading services and safety measures, regaining momentum with 3.3 million passengers in December 2023. Scoot aims to expand its fleet by adding around 12 aircraft in 2025, including narrowbodies and widebodies like the E190-E2.

It plans to take over select Jetstar Asia routes and build partnerships, notably with Air India Express, to enhance regional connectivity. After four years of losses, Scoot reported a net profit of $43.5 million in 2022 23. The SIA Group, including Scoot, posted record revenue of $19.54 billion in 24 25, despite rising fuel costs impacting 2024 profits. Scoot's passenger load factor reached 83% in 23 24, reflecting strong demand.