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aviation
US Economy
Winners and losers in US$2 tril virus rescue plan passed by Congress
The plan would include about US$500 billion in loans and assistance for larger companies, as well as states and cities, according to the latest drafts being circulated. But the aid comes with strings attached after pressure from Democrats.
March 27, 2020
Aviation & Engineering
Desperate airlines switch passengers for cargo to stay alive
Cargo rates have risen over 10% in recent weeks as some companies are prepared to pay more to ship goods after drastic cuts in passenger flights left airlines with less capacity for cargo.
March 26, 2020
Covid-19
Large airlines could have 'adequate liquidity' but weaker players may be pushed to default amid virus outbreak: Moody's
Moody’s sees the passenger airline sector as one of the most adversely affected industries given its exposure to travel restrictions and sensitivity of consumer demand and sentiment.
March 23, 2020
Aviation & Engineering
SIA slashes capacity by half, warns of further cost and capacity cuts
“Make no mistake – we expect the pace of this deterioration to accelerate," says SIA CEO Goh Choon Phong.
March 17, 2020
Aviation & Engineering
Airport passenger traffic in Asia-Pacific set to plunge 24% in first quarter
Takeoff and landing slot rules mean airlines must fill at least 80% of their slots in any given season, or risk losing their allocation next time round.
March 09, 2020
Aviation & Engineering
Coronavirus outbreak could cost airlines up to US$157 bil in lost revenue: IATA
Airlines in the Asia Pacific region are expected to be hit the hardest.
March 06, 2020
Investing ideas
Diversification, productivity improvements to help SATS weather the Covid-19 storm
Although SATS's 4QFY2020 earnings are likely to fall by a “larger degree, analysts choose to remain optimistic on a possible comeback after virus fears ease.
February 17, 2020
Covid-19
Aviation downgraded to 'underweight' amid flight cancellations, capacity cuts: UOBKH
UOB Kay Hian has downgraded the aviation sector to “underweight” as rising fears of the novel coronavirus outbreak have led to numerous flight cancellations and capacity cuts.
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