Aviation

SIA prices $850m convertible bonds at 1.65%
13 Nov 20
More than 148 million new shares will be issued.
SATS posts $33.2m loss in Q2
13 Nov 20
Outlook remains tough with travel restricted; group says it's ready to assist vaccine distribution.
SIA expected to recover to pre-COVID levels by FY2024
13 Nov 20
Pfizer, BioNtech’s latest vaccine developments are a positive news for the airlines.
SIA Group crashes to $3.5b net loss in Q2
9 Nov 20
This was due to drop in passenger carriage and non-cash impairments.
SIA receives Envirotainer QEP accreditation
4 Nov 20
It acknowledges the airline's capability to handle temp-controlled shipments.
SIA extends training programmes to external businesses
3 Nov 20
The airline began offering training in September with Khoo Teck Puat Hospital.
SIA Engineering inks deals in the Philippines
27 Oct 20
It will buy the remaining 35% shares in SIA Engineering Philippines for $10.52m.
SIA resumes flights to New York
21 Oct 20
Flights will operate three times weekly beginning 9 November.
SIA cuts 4,300 jobs
10 Sep 20
The group has begun discussion with its Singapore-based unions.
SIA announces pre-flight and on-board protective measures
24 Aug 20
The announcement came after the government's decision to further ease the restrictions on inbound travel from selected countries....
SATS posts $43.7m net loss in Q1
24 Aug 20
A decline in aviation volume and loss contributed by the overseas entities dragged profit.
SIA burns half of the $8.8b raised in 2 months
20 Aug 20
About $2b was used to repay a bridge loan facility.
SIA Group dives to a $1.12b loss in Q1
30 Jul 20
The fall in the group’s revenue was attributed to a plunge in its airlines’ passenger traffic.
SIA secures $750m in loans on aircrafts
23 Jul 20
It now secures $1.65b from its secured financing since the start of FY2020.
Drones to address productivity issues in aircraft maintenance
21 Jul 20
ST Engineering’s DroScan authorized to carry out general visual inspections.
Singapore Airlines rolls out Miles of Good campaign
21 Jul 20
KrisFlyer members may nominate frontliners as beneficiaries.
SIAEC's profits plunged 74.3% to $10.7m in Q1
20 Jul 20
The flights they handled in Singapore shrank to 13% of their usual load.
SIA group passenger capacity crashed 95.1% in June
16 Jul 20
Overall passenger carriage was also lower by 99.3%.
Singapore, Malaysia to implement cross-border travel schemes
14 Jul 20
These are expected to be implemented by 10 August.
SIA Group to reach 7% passenger capacity in August
14 Jul 20
It is expected to operate at 6% capacity this month.
Rolls-Royce slashes 24% of Singapore manpower
13 Jul 20
They are working closely with various groups to give further support to the affected staff.
SATS' profit down 32.2% to $168.4m in FY2020
10 Jul 20
Its Q4 profit plunged 112.6% on the back of lower revenue for gateway services.
SIA and Tata Sons' JV mulls delaying delivery of some aircraft
7 Jul 20
It plans to take 37 Airbus planes from leasing companies.
Changi Airport and Jewel stores and attractions reopen
6 Jul 20
Contactless payments and takeaways were implemented.
Singaporeans eagerly awaiting the green light to travel
3 Jul 20
As many as seven in 10 Singaporeans say they are willing to travel the moment border restrictions are lifted.
SIA may grab a share of the Indian market: report
29 Jun 20
The advantage stems from India not allowing foreign airlines to directly fly to a third country.
Scoot's Thai associate enters liquidation
29 Jun 20
SIA will record a total one-off charge of $123.6m for Q1 following the liquidation.
Emirates resumes Singapore flights
22 Jun 20
This service will be offered three times a week in June.
Singapore halts Changi Airport T5 construction
17 Jun 20
The terminal was scheduled to be completed around 2030.
ST Engineering authorised to use drones in aircraft inspection
16 Jun 20
DroScan was granted the first authorization for unmanned aerial systems.
SIA Group's passenger load factor hit 8.6% in May
16 Jun 20
SilkAir and Scoot saw the largest declines in passenger carriage.
SIA Group permits transit flights from Australia and New Zealand
11 Jun 20
However, transfers to and from flights operated by other airlines are still not permitted.
SIA rolls out enhanced health and safety initiatives
8 Jun 20
These measures are part of the company’s new #SIAcares initiative.
SIA doesn't plan to cut jobs for now: report
8 Jun 20
However, the airline will have to review possible workforce reduction.
SIA nabs $10b from its rights issue
8 Jun 20
It also arranged $500m lines of credit and a short-term unsecured loan with several banks.
SIA's shares fully subscribed in its rights issue
3 Jun 20
Temasek nabbed pro-rata entitlement to 985.96 million rights shares.
SATS headed for long, slow recovery: analysts
2 Jun 20
The aviation sector is only expected to begin recovery by FY2022.
Most of SIA's board bail on MCB subscription
2 Jun 20
CEO Goh Choong Poon has lapsed the provisional allotments of 3 million rights MCBs.
Travellers allowed to transit through Changi Airport starting 2 June
21 May 20
This is part of the strategy to gradually re-open air transport.
Lack of aviation-related projects drags on ST Engineering's earnings
19 May 20
But the group has ample resources to pursue M&A should opportunities arise.

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