Originally Posted by
number_6
No, it means that SQ is owned by a government and CX is not....so CX is bound by commercial insurance cover, and cannot fly into cities that are not certified as covered by it's insurance policy. SQ is self-insured (or rather, covered by the govt). One of the many ways that SQ is subsidized without violating trade agreements. Usually it doesn't matter, but CMB is a great example of the difference.
Not quite. SQ's majority owner is Temasek Ltd (i.e. the Singaporean government investment arm), it is not the only owner so I very much doubt your explanation above. In fact it is almost half in private hands!
For reference, SQ's major shareholders are listed on this link:
http://www.singaporeair.com/saa/en_U...stor/stock.jsp