Aviation
ST Engineering authorised to use drones in aircraft inspection
ST Engineering authorised to use drones in aircraft inspection
DroScan was granted the first authorization for unmanned aerial systems.
SIA Group's passenger load factor hit 8.6% in May
SilkAir and Scoot saw the largest declines in passenger carriage.
SIA Group permits transit flights from Australia and New Zealand
However, transfers to and from flights operated by other airlines are still not permitted.
SIA rolls out enhanced health and safety initiatives
These measures are part of the company’s new #SIAcares initiative.
SIA doesn't plan to cut jobs for now: report
However, the airline will have to review possible workforce reduction.
SIA nabs $10b from its rights issue
It also arranged $500m lines of credit and a short-term unsecured loan with several banks.
SIA's shares fully subscribed in its rights issue
Temasek nabbed pro-rata entitlement to 985.96 million rights shares.
SATS headed for long, slow recovery: analysts
The aviation sector is only expected to begin recovery by FY2022.
Most of SIA's board bail on MCB subscription
CEO Goh Choong Poon has lapsed the provisional allotments of 3 million rights MCBs.
Travellers allowed to transit through Changi Airport starting 2 June
This is part of the strategy to gradually re-open air transport.
Lack of aviation-related projects drags on ST Engineering's earnings
But the group has ample resources to pursue M&A should opportunities arise.
ST Engineering expects revenue to be 5-15% lower than last year
Lower demand in the aerospace and electronics sectors is expected.
SIA's passenger load factor hit 9.1% in April
Its main airline’s skeletal network only includes routes to 14 metro cities.
Singapore Airlines posts $212 million loss for the full year
The shutdown of international travel, and a fuel price hedging gamble, have put the pressure on Singapore's national carrier.
Aviation industry can pull through amidst crisis: SIA
The airline has formed teams to discuss its future plans.
Societe Generale extends one-off payment to SIA short DLC holders
The DLC lost its value after price adjustments were made to offset share dilution.
Changi Airport temporarily suspends T4 operations
This will enable the group and airport partners to save on running costs.
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