Aviation
SATS struggles for growth amid weak industry outlook
SATS struggles for growth amid weak industry outlook
The weak yen is another cause for concern.
Yoma inks deal to overhaul Mandalay Airport
Two other deals were also revealed.
SATS’ Q2 profit down 3.3% as cost pressures mount
Headwinds will persist in the near term.
ST Engineering hits rock bottom on back of massive restructuring costs in Q3
Can a turnaround happen next quarter?
ST Engineering profits slide 10% on lacklustre aviation business
Europe’s weak economy is not helping.
SIA’s profit nosedived 43.4% in Q2 after TigerAir crashed into the red
But a reprieve is on the way as oil prices plunge.
SIA Engineering profits take a 40.7% nosedive in 2Q15
No thanks to fewer aircraft checks.
SIA Engineering’s Q3 profit crashed 40.7% to $42.1m in Q3
Revenue also slipped 3%.
Scoot-Nok Air JV clinched green light from Thai regulators
Operating permits are next in line.
SIA raises $2.5m for Community Chest
To be doubled by the Singapore government.
Tigerair launches Singapore direct flights to Guilin and Nanning
Two new China routes coming in November.
Changi Airport's passenger movements dipped 0.5% in September
Even landings and takeoffs went down.
SIA struggles to rescue TigerAir after core losses surged 107.7% in Q2
Its book value has plunged by 91.9%.
Daily Briefing: M1 customer service hotline mistakenly routed to Singapore Police; New iPad Air begins sales in Singapore next week
And Airline Virgin Australia coughed up AUS$0.88 to buy Tiger Australia.
Tigerair unveils new rights issue as losses hit $182.4m in Q3
Its revenue dropped 10.5%.
Crash and burn: Tigerair sells 40% stake in Tigerair Australia for a measly $1
The buyer is Virgin Australia.
Chart of the Day: Discover the three sources of Singapore’s slow economic growth
They are all keeping the economy at sub-1% GDP growth.
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