Aviation
SIA's October passenger capacity plunges 89.9%
SIA's October passenger capacity plunges 89.9%
Passenger carriage crashed 97.8%, resulting in a PLF of 15.6%.
SIA prices $850m convertible bonds at 1.65%
More than 148 million new shares will be issued.
SATS posts $33.2m loss in Q2
Outlook remains tough with travel restricted; group says it's ready to assist vaccine distribution.
SIA expected to recover to pre-COVID levels by FY2024
Pfizer, BioNtech’s latest vaccine developments are a positive news for the airlines.
SIA Group crashes to $3.5b net loss in Q2
This was due to drop in passenger carriage and non-cash impairments.
SIA receives Envirotainer QEP accreditation
It acknowledges the airline's capability to handle temp-controlled shipments.
SIA extends training programmes to external businesses
The airline began offering training in September with Khoo Teck Puat Hospital.
SIA Engineering inks deals in the Philippines
It will buy the remaining 35% shares in SIA Engineering Philippines for $10.52m.
SIA resumes flights to New York
Flights will operate three times weekly beginning 9 November.
SIA rolls out new payments, lifestyle rewards app
The app is integrated with KrisPay.
COVID-19 vaccines could be the aviation sector's saving grace: analyst
SATS’ Coolport@Changi may play a critical role in vaccines' mass distribution across APAC. The aviation sector is not expected to make any...
SIA may exhaust $8.8b debt proceeds before market recovers: analyst
As of August, the carrier has already utilised $4.4b of the proceeds.
SIA begins employee retrenchments
All affected staff will receive their salaries in lieu of their notice period.
SIA cuts 4,300 jobs
The group has begun discussion with its Singapore-based unions.
SIA announces pre-flight and on-board protective measures
The announcement came after the government's decision to further ease the restrictions on inbound travel from selected countries.
SATS posts $43.7m net loss in Q1
A decline in aviation volume and loss contributed by the overseas entities dragged profit.
SIA burns half of the $8.8b raised in 2 months
About $2b was used to repay a bridge loan facility.
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