Singapore Airlines appointed GM-Japan Campbell Wilson CEO of its no-frills, low-fare airline set to be launched next year. Wilson has been with SIA Group for more than 15 years, holding various positions.

"My immediate task is to establish a strong management team and we will be actively recruiting to fill senior positions," said Wilson. "There is huge potential in this new market segment and we can promise many exciting developments from the new airline in the lead-up to our launch next year."

SIA noted that the new airline will be wholly owned by Singapore Airlines but operated independently and managed separately. It will operate widebody aircraft on medium- and long-haul routes.