Airbus

Broker's Calls

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.

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

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

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.

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.

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.

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

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.

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.

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.
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