Aviation
Changi Airport awards T5 tunnels contract to Penta-Ocean and Koh Brothers
Changi Airport awards T5 tunnels contract to Penta-Ocean and Koh Brothers
Through Koh Brothers’s subsidiary, the group holds a 30% equity stake in the joint venture.
SATS sells 49.0% SERVAIR-SATS stake to Gate Gourmet
SATS sold 509,600 or $6.14m.
SATS, Kuehne+Nagel to enhance air cargo logistics supply chain
They have introduced an expedited delivery service for urgent aircraft parts in Singapore.
ST Engineering bags 5-year MRO deal with Air Cairo
The contract will support the LEAP-1A engines for Air Cairo’s Airbus A320neo fleet.
Building height limits to rise near airports from August 2025
Other updates include faster bus shelter approvals and cheaper drone permits.
SATS posts $243.8m net profit for FY2025
Revenue for the period rose 13% to $5.82b.
Changi Airport Group net profit doubles to $841m in FY2024/25
Passenger traffic reached 68.4 million in FY2024/25.
SIA Engineering inks services agreements with SIA, Scoot
These agreements are expected to yield a total labour revenue of $1.3b.
SATS injects $250m to boost ground operations at Changi Airport
The investment will cover two initiatives.
Singapore Airlines passenger traffic up 4.8% in April
Passenger capacity also grew by 4%.
Singapore Airlines net profit up 3.9% YoY to $2.8b in FY2025
Revenue for the period also rose to $19.54b.
Singapore Airlines to move all operations at Changi Airport T5
It will serve 50 million passengers annually.
Scoot to boost flight capacity in APAC
Scoot will add more flights to the Philippines, Australia, Thailand, and Taiwan.
SIA Engineer net profits up 43.8% for full year 2024-2025
The group posted a group revenue of $1.24b for the year.
SIA Group buys sustainable fuel from Neste, World Energy
The transactions are projected to reduce more than 9,500 tonnes of carbon emissions.
SATS taps Sandeep Sakharkar as new chief digital officer
His appointment is effective from 17 March.
WEF, Temasek’s GenZero launch initiative to scale SAF in APAC
The initiative is backed by Boeing, Qantas Group, and Singapore Airlines.
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SG60: What the next 10 years have in store for Singapore’s investment landscape