Aviation
SATS' profit down 32.2% to $168.4m in FY2020
SATS' profit down 32.2% to $168.4m in FY2020
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
It plans to take 37 Airbus planes from leasing companies.
Changi Airport and Jewel stores and attractions reopen
Contactless payments and takeaways were implemented.
Singaporeans eagerly awaiting the green light to travel
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
The advantage stems from India not allowing foreign airlines to directly fly to a third country.
Scoot's Thai associate enters liquidation
SIA will record a total one-off charge of $123.6m for Q1 following the liquidation.
Emirates resumes Singapore flights
This service will be offered three times a week in June.
Singapore halts Changi Airport T5 construction
The terminal was scheduled to be completed around 2030.
ST Engineering authorised to use drones in aircraft inspection
DroScan was granted the first authorization for unmanned aerial systems.
SIA Group's passenger load factor hit 8.6% in May
SilkAir and Scoot saw the largest declines in passenger carriage.
SIA Group permits transit flights from Australia and New Zealand
However, transfers to and from flights operated by other airlines are still not permitted.
SIA rolls out enhanced health and safety initiatives
These measures are part of the company’s new #SIAcares initiative.
SIA doesn't plan to cut jobs for now: report
However, the airline will have to review possible workforce reduction.
SIA nabs $10b from its rights issue
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
Temasek nabbed pro-rata entitlement to 985.96 million rights shares.
SATS headed for long, slow recovery: analysts
The aviation sector is only expected to begin recovery by FY2022.
Most of SIA's board bail on MCB subscription
CEO Goh Choong Poon has lapsed the provisional allotments of 3 million rights MCBs.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform