Aviation
SATS posts $26.7m net loss in FY 23
The company’s net loss in the same period last year was $8.5m.
SIA, Garuda Airlines want to form JV for more seamless flight routes
It seeks to cover routes between Singapore and Denpasar, Jakarta, and Surabaya.
ST Engineering, SF Airlines launch $19m aerospace JV in China
The joint venture will provide an MRO facility in Hubei's Ezhou Huahu Airport.
SIA Group net profit soar to $2.16b
A $3.12b rise from the $962m net loss last year.
SIA Group flew 2.7 million passengers in April
But its cargo and mail carried fell to 68.8 million kilogrammes.
SIA reveals partial redemption of 50% of zero coupon MCBs
The aggregate amount of the right mandatory convertible bonds (MCBs) is at $3.09b.
SIAEC’s net profit dips 1.2% YoY to $66.4m in FY22/23
Despite the decline, the company proposed a final dividend of $0.55.
Changi Airport passenger movement quadruples to 4.63 million
The airport saw continued growth in its North America, Southwest Pacific, and Europe markets.
WFS execs join SATS’ global leadership team
SATS welcomed three key members of WFS.
Oki Electric acquires aviation equipment business of Yokogawa Electric, subsidiaries
The acquisition would not lead to a substantial lessening of competition in the market.
SIA Group’s passenger traffic rises 14.1% MoM in March
The airline group carried a combined 2.7 million passengers during the month.
SIA spends around 30% in convertible bonds on aircraft payments
The use of the proceeds followed those indicated in an Offering Circular.
Changi Airport soars to 9th place in int'l passenger traffic rankings
It bounced back from its 95th spot in 2021.
Free Singapore Tour returns after 3-year hiatus
Participants can book the tour in advance through the Changi Airport website.
SIA Engineering appoints new CEO
Chin Yau Seng will take on the role as he steps down as SIA Senior VP for Cargo.
SIA Engineering Company inks $1.14b services deal with Singapore Airlines
The deal will commence on 1 April.
Industry and government leaders to discuss aviation risk safety after travel recovery
They will focus on addressing safety risks amidst air travel recovery and global shifts.
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