Aviation
Changi Airport’s retail sales hit $1.1b in 2022
The figure represents 37% of sales in 2019.
SIA Engineering net profit dips to $12.8m in Q3FY2223
The figure is $20.4m lower year-on-year.
SIA Group sees a 2.7% MoM decrease in passengers in January
On a year-on-year comparison, however, the passenger count increased fourfold.
Changi Airport handles 32.2 million passengers in 2022
The Singapore-Kuala Lumpur route is the world’s busiest international route based on seat capacity.
SATS shareholders greenlight acquisition of Worldwide Flight Services
Of the total votes, 96.80% were in favour of the transaction.
SIA Group's passenger traffic jumps 11.7% MoM in December 2022
Year-on-year, passenger traffic increased four-fold.
SATS revenue could double to $5.5b after acquiring air cargo handlers
The Worldwide Flight Services revenue reached $776m (€516m).
Mainland tourists travelling to SG for Lunar New Year rise 499% YoY
Singapore is also amongst the top destinations for Chinese tourists.
SIA Group’s passenger volume rises 6.1% to 2.4 million in November
The group’s passenger capacity also increased during the month.
Travelsilience: Majority are anxious about inflation but are still eager to travel
Almost all travellers plan to travel at least once next year despite inflation.
Singapore Airlines to ban emotional support dogs from flights
The ban will begin on 1 April 2023.
Asia-Pacific carriers to suffer $10b loss in 2022: IATA
This will narrow to a $6.6b loss in the following year.
Analyst sees earnings dilution from SATS funding of WFS acquisition
It could be offset by strong cash flow.
How SATS plans to fund its proposed $1.8b WFS acquisition
It will be funded through a term loan, underwritten rights issues, and an internal cash balance.
SIA, Thai Airways to codeshare flights between Bangkok, Singapore
They also plan to codeshare flights to South Africa, US, and Canada by Q1 2023.
Jetstar Group to operate flights from Changi Airport
This will begin on 22 March 2023.
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