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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.
February 06, 2018
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.
January 05, 2018
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.
November 21, 2017
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.
October 02, 2017
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.”
September 29, 2017
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
September 21, 2017
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.
September 13, 2017
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.
September 07, 2017
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.
August 24, 2017
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
August 24, 2017