Aviation

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.

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.

SIA Engineering's engine repair revenue growth hit 5-year high

It rose by 28% within the second half of the year.

SilkAir to upgrade cabins for $100m and merge with SIA

Aircraft cabin upgrades are expected to start in 2020.

Singapore Airlines recovers from loss as profits soared $181.8m in Q4

But it warned of intense competition in key operating markets and cost pressures.

SIA Engineering full-year profits crashed 44.61% to $184.1m

It sold its 10% stake in Hong Kong Aero Engine Services.

SIA passenger load factor up 1.9 ppt to 82.7% in April

Its passenger carriage of 8.6% beat capacity injection at 4.3%.

ST Aerospace's joint venture firm shaves off $7m of capital

Keystone Holdings expects this to improve Return on Equity and liquidity management.

China Aviation Oil Q1 profits up 13.88% to US$26.91m

The earnings of its associate company SPIA jumped 46% to US$18.9m.