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Airbus
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ST Engineering's earnings could nosedive owing to weak aerospace business: RHB
SINGAPORE (April 28): ST Engineering is expected to record earnings declines of 3% to 9% for FY20 to FY22, largely on the back of lower earnings contribution from its aerospace segment, according to RHB Securities.
April 28, 2020
Management & Corporate Governance
AirAsia, Airbus & a failed F1 Racing Team
(Feb 14): An AirAsia executive chided a senior Airbus employee for not paying US$16 million he said was owed to him and demanded US$30 million in sponsorship before placing more aircraft orders, according to internal emails released by the UK Serious Frau
February 14, 2020
Corruption probe
AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed
AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun stepping aside for at least 2 months while airline and authorities investigate allegations Airbus paid a bribe of US$50 million to win plane orders
February 04, 2020
Aviation & Engineering
Malaysia regulator to probe if AirAsia broke rules in Airbus deals
The allegations came to light on Friday when Airbus agreed to a record US$4 billion ($5.5 billion) settlement with France, Britain and the United States.
February 02, 2020
Markets
US picks new fight with EU, global recession feared
SINGAPORE (Oct 7): The bleak economic outlook could be realised sooner rather than later as negative factors emerge.
October 04, 2019
Aviation & Engineering
Singapore Air picks crucial fight against Emirates in India
(Aug 7): Singapore Airlines just picked a fight with Emirates in a grab for India’s international travellers, and a slice of one the world’s fastest-growing aviation markets.
August 07, 2019
Global Economy
Briefs
SINGAPORE (July 15): “Just imagine Churchill allowing this humiliating, servile, sycophantic indulgence of the American president’s ego to go unchallenged.” — British opposition Labour Party’s shadow foreign secretary Emily Thornberry. She was c
July 12, 2019
Aviation & Engineering
Singapore Airlines brings back the world’s longest flight, without cattle class
(Oct 9): Long-haul flights half way across the globe are making a comeback even with oil prices close to their highest in four years.
October 09, 2018
Aviation & Engineering
Singapore Airlines relaunching non-stop flight to New York on Oct 11
SINGAPORE (May 30): Singapore Airlines (SIA) announced it is relaunching its non-stop services between Singapore and New York in October, which will also mark the world’s longest commercial flight.
May 30, 2018
Aviation & Engineering
Airbus to launch trial unmanned drone delivery service at NUS campus
SINGAPORE (Feb 8): Students and staff at the National University of Singapore (NUS) may soon be able to tap on Airbus Helicopters’ Skyways unmanned air vehicles to transport small parcels between 2-4kg within the campus.
February 08, 2018