Changi Airport

Aviation & Engineering

Changi Airport's T5 pre-funding plan objectionable, IATA says

SINGAPORE (Feb 5): The airline industry’s most prominent trade body said it objects to any attempts by Singapore to charge travelers to help fund the construction of its new Terminal 5 in Changi Airport.

Broker's Calls

OUE Hospitality Trust's valuations still unattractive despite lower cost of debt: OCBC

SINGAPORE (Jan 5): OCBC Investment Research is maintaining its “hold” call on OUE Hospitality Trust on valuation grounds with a higher fair value estimate of 83 cents from 82 cents previously.

Broker's Calls

Good news for OUE Hospitality Trust as Changi Airport traffic continues to climb

SINGAPORE (Nov 21): Passenger movements at Changi Airport continue to climb, registering 7.5% y-o-y growth in Sept and a 5.9% y-o-y growth for 9M17.

Broker's Calls

SATS upgraded by OCBC on valuation grounds

SINGAPORE (Oct 2): OCBC Research is upgrading its call on SATS to “buy” from “hold” on valuation grounds, with an unchanged fair value of $5.05.

Aviation & Engineering

Airlines suffer worldwide delays after Amadeus booking system fails

LONDON (Sept 29): Airlines worldwide were forced to delay flights Thursday as a global flight-bookings system operated by Amadeus IT Group SA suffered what the company called a “network issue.”

Aviation & Engineering

Changi Airport traffic growth accelerates in August

SINGAPORE (Sept 21): Changi Airport registered 5.27 million passenger movements in August 2017, a 7.0% year-on-year increase. There was a 10.7% increase in airfreight throughput to 180,590 tonnes, while aircraft movements rose 4.9% to 31,750 landings and

Broker's Calls

SATS gets a lift from Qantas' return and new contracts

SINGAPORE (Sept 13): UOB Kay Hian is maintaining its “buy” call on SATS with a target price of $5.40 as Changi International manages to win back Qantas.

Alipay launches mobile payment gateway at Changi Airport

SINGAPORE (Sept 7): Alipay and Changi Airport Group (CAG) today announced a five-year partnership to roll out the Alipay mobile payment option in Changi Airport on a wide scale.

Aviation & Engineering

Strong demand for US inbound flights despite PR fallout, says United Airlines MD

SINGAPORE (Aug 24): The world’s third-largest airline by revenue appears to be eyeing an even bigger slice of the long-haul market pie, regardless of the bad rap it has been getting in recent months.   

Aviation & Engineering

Singapore to ramp up interest, employment opportunities in aviation sector

SINGAPORE (Aug 24): Minister for Education (Schools) and Second Minister for Transport Ng Chee Meng (photo) on Thursday announced a new course in Airport Operations as part of ongoing efforts by the Civil Aviation Authority of Singapore (CAAS) to drive ma
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