Aviation
Lack of aviation-related projects drags on ST Engineering's earnings
Lack of aviation-related projects drags on ST Engineering's earnings
But the group has ample resources to pursue M&A should opportunities arise.
ST Engineering expects revenue to be 5-15% lower than last year
Lower demand in the aerospace and electronics sectors is expected.
SIA's passenger load factor hit 9.1% in April
Its main airline’s skeletal network only includes routes to 14 metro cities.
Singapore Airlines posts $212 million loss for the full year
The shutdown of international travel, and a fuel price hedging gamble, have put the pressure on Singapore's national carrier.
Aviation industry can pull through amidst crisis: SIA
The airline has formed teams to discuss its future plans.
Societe Generale extends one-off payment to SIA short DLC holders
The DLC lost its value after price adjustments were made to offset share dilution.
Changi Airport temporarily suspends T4 operations
This will enable the group and airport partners to save on running costs.
Temasek eyes stake in Virgin Atlantic Airways
The carrier seeks to avoid collapse as it pitches to potential investors.
SIA predicts yearly loss for Q1 FY2021
The group is currently anticipating negative operating cashflows.
SATS' earnings will bounce back at a slow pace: analyst
The closure of Changi’s Terminal 2 is also bound to hit the firm in the coming months.
Daily Briefing: Temasek co-leads $142m funding in biotech firm; Jetstar Asia extends flight suspension to 31 May
And four in five Singaporeans tap into vacation memories to deal with work stress.
SIA's shareholders greenlights $15b fundraising
Shareholders in favour of raising two resolutions.
Airlines struggle to tap into debt capital markets: SIA
Concerns were raised over SIA’s proposed $8.8b issue of share rights to raise cash.
SATS prices $100m notes due 2025 at 2.6%
Proceeds will be used partly for general corporate purposes.
Changi Airport's passenger count down 70.7% to 1.65 million in March
Air travel demand remained significantly impacted by the Covid-19 pandemic.
SIA's passenger load factor down to 57.4% in March
Only about 10 aircrafts of its 200-strong fleet are currently in operation.
SIA to hold EGM for shareholder approval on rights issue
It aims to collect $3.5b in aggregate principal amount of mandatory convertible bonds.
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