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Aviation & Engineering
This budget airline says it can cut air fares by 30%
SINGAPORE (Sept 8): A new South Korean budget carrier says it can help push air fares down by as much as 30% and still stay profitable in a market already crowded with six rivals.
September 08, 2017
Aviation & Engineering
How Gulf carriers are adapting their business in turbulent times
SINGAPORE (Sept 7): After enjoying a decade of unrivalled growth and earnings stability, the Middle East’s “super-connectors” – Emirates, Etihad Airways and Qatar Airways – have hit some serious turbulence this year.
September 07, 2017
Aviation & Engineering
Several airlines suspended in Thailand after failing to secure recertification, say media reports
SINGAPORE (Sept 6): The operations of several Thai airlines have been suspended by the Civil Aviation Authority of Thailand (CAAT) due to failure to secure recertification under stricter Air Operators Certification (AOC) rules, according to recent reports
September 06, 2017
Aviation & Engineering
Qantas reroutes Sydney-London A380 flights via Singapore to meet strong Asia demand
SINGAPORE (Aug 31): As part of its agreement to extend its partnership with Emirates for another five years, Qantas Airways has announced that it will now provide three stopover options to Europe via Dubai, Perth and Singapore via its joint network.
August 31, 2017
Aviation & Engineering
Singapore and Hong Kong’s airport dominance is under threat
SINGAPORE (July 27): For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travelers in Asia to and from the rest of the world. But now, a US$1 trillion global airport spree is threatening the status quo.
July 27, 2017
In print this week
SIA Engineering has better yield than parent Singapore Airlines
SINGAPORE (July 3): SIA Engineering Co, the 77.5%-owned sub sidiary of flag carrier Singapore Airlines, is rewarding shareholders with a final payout of 14 cents. This brings its full-year payout to 18 cents for FY2017 ended March 31, up four cents from t
July 03, 2017
Broker's Calls
Booming Chinese aviation market and business diversification keep China Aviation at 'buy'
SINGAPORE (June 28): RHB is maintaining its “buy” call on China Aviation Oil (CAO) with a target price of $1.90, given China’s rapidly-growing aviation market and the group’s increased business diversification.
June 28, 2017
Aviation & Engineering
ST Aerospace JV secures second passenger-to-freighter conversion contract with DHL Express
SINGAPORE (June 19): Elbe Flugzeugwerke (EFW), a 55:45 joint venture company between Airbus and ST Engineering’s subsidiary ST Aerospace, has secured its second conversion contract from DHL Express, which was signed today at the biennial International P
June 19, 2017
Aviation & Engineering
Qatar signs US$12 bil deal for US F-15 jets amid gulf crisis
WASHINGTON (June 15): Qatar will sign a deal to buy as many as 36 F-15 jets from the US as the two countries navigate tensions over President Donald Trump’s backing for a Saudi-led coalition’s move to isolate the country for supporting terrorism.
June 15, 2017
Broker's Calls
Disposal gains could lead to higher-than-expected 4Q earnings for SATS
SINGAPORE (May 17): UOB Kay Hian is estimating SATS will post a 25% y-o-y increase in headline net profit when the airline gateway services and food solutions provider reports its FY17 earnings this Friday, versus the street’s implied estimate of 4.3% g
May 17, 2017