Aviation
China Aviation Oil to sell 39% stake in Xinyuan petrochemicals firm
China Aviation Oil to sell 39% stake in Xinyuan petrochemicals firm
It is streamlining its portfolio assets after exiting petrochemical trade.
ST Engineering injects $13.57m in UK joint venture
The JV company will deliver enhanced in-flight connectivity for commercial aviation.
SIA passenger load factor up 2.6 ppt to 79.6%
Cargo load factor fell 3.9 ppt as demand outpaced capacity changes.
SATS poised for earnings recovery as aviation arm takes off
Its partnership with AirAsia will open access to 15 Malaysian airports.
Changi Airport fares to be one of Asia's highest over new development levy
Departing passengers will be charged $13.3, 39% higher than the previous fee.
ST Engineering Aerospace opens repair facility in Florida
Its US$46m and 173,500-sqft hangar is one of the firm's largest facilities.
OCBC-Starhub alliance eyes merging loyalty programmes from 10 sectors
This will allow consumers to exchange, consolidate, and redeem loyalty reward points and air miles.
Singapore to restrict airspace during Trump-Kim meeting
Travellers are advised to delay flights to Singapore from 10 to 14 June.
Airline profits to fall 11% amidst rising fuel and labor costs
Crude and jet fuel prices are expected to climb 27.5% and 25.8%, respectively.
Daily Briefing: Singapore to bear costs of US-North Korea summit; SIA's India affiliate orders Boeing's Dreamliner
And GIC sells its stake in Vietnamese taxi firm Vinasun.
SATS struggles with lost licence incentives in 2018
Licence fee incentives for Changi Airport have already expired in March 2017.
SIA to launch ultra-long-range flights to New York on 11 October
It is the first customer for Airbus' ultra-long-range planes, A350-900ULR.
SATS Q4 profits down 1.8% to $65.4m
Earnings and revenue were hit by the deconsolidation of SATS HK after the sale of its 51% stake.
ST Aerospace bags 12-year maintenance contract for A319 jet
It will repair the interior and auxiliary fuel tank of the airbus jet.
Number of Changi Airport passengers jumped 5.1% in April
There were 5.43 million people that flew through the airport in the month.
Here's why higher oil prices could be a boon for SIA
It hedged 20% of jet fuel at US$65/bbl and 25% of Brent at US$45/bbl.
SIA flies to underperforming locations thru SilkAir merger
SilkAir has arrived at Kuala Lumpur and Penang, which SIA's widebody planes cannot reach.
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