Aviation
Daily Briefing: Singapore economy to slow down growth in Q2 amidst trade risks; Smaller firms could pay more to roll over borrowings
Daily Briefing: Singapore economy to slow down growth in Q2 amidst trade risks; Smaller firms could pay more to roll over borrowings
And SIA's Indian arm bought 19 jets for US$3.1b.
SIA to fly direct from Singapore to Los Angeles
It will use its new Airbus A350-900ULR for the trips.
Singapore-Japan flight seat count fell by 6.9% in 2015-2017
Carriers focused more on nonstop services between Singapore and the United States.
Daily Briefing: Property stocks fall after surprise government tightening; SGX share price slips 8% in 2 months
And a SIA-returned plane is acquired by a German firm.
Government sets aside $120m to boost aviation productivity
The funding is necessary as Changi is nearing its full capacity.
Daily Briefing: MAS chief says 'dire' consequences loom if trade war escalates; Seletar Airport's new $80m terminal to operate by late 2018
And here’s why CCT's distribution per unit fell 11.7%.
Lufthansa opens innovation lab in Singapore
The hub was previously just in Berlin.
SATS' revenue dipped 0.3% to $1.72b
Earnings from food solutions fell 2.7% to $946.6m.
ST Engineering Aerospace sold 25% of Airbus Helicopters unit for $14m
It is optimising its aerospace resources.
CAO buys Navires Aviation for $10.9m
It has a stake in Dutch firm Aircraft Fuel Supply B.V. and a distributor in Schiphol.
DSTA inks deals with Airbus and Boeing for tech and analytics
The deals will result in projects for Singapore's air force and aircraft.
Changi Airport passenger traffic jumped 5.8% to 5.29 million in May
China led the gains at 12% with 550,000 passenger movements.
SIA CEO expects demand pressure on cargo yields
The balance between capacity and demand is expected to put pressure on yields, Goh Choon Phong said.
Daily Briefing: SIA transfers SilkAir planes to Scoot; GIC joins US$400m private placement of US transport startup
And the tender for the mixed-use Sengkang Central site closes with 7 bidders.
Business travellers' premium economy bookings ballooned 157% in 2017
They forked out a little more to upgrade as economy seat bookings fell 54.46%.
SIA's cargo revenue could be hit by US-China row
Cargo loads already fell 3.9% due to reduced traffic in all regions.
Scoot launches long-haul Singapore-Berlin flights
It will operate non-stop services to the German city 4 times a week.
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