Aviation
SIA profit crashed 47.5% to $682.7m in FY19
Rising expenses from steep fuel costs hit earnings.
Better traction in Smart City solutions could boost ST Engineering's order book
Its Newtec acquisition and satellite communications business makes it a standout for Smart City initiatives.
SIA Group's passenger load factor up 0.8 ppt in April
Passenger carriage rose 7.6% compared to last year.
ST Engineering's Q1 profits grew 11% to $131.1m
Its aerospace sector recorded a 6% profit increase to $62.7m.
SIA Engineering to lean on joint ventures following global B737 MAX aircraft grounding
The grounding of B737 MAX aircraft will hit main airline operations.
SIA Engineering profits down 13.9% to $160.9m in FY2018/2019
Falling airframe and fleet management revenues hit earnings.
Changi nabs seventh spot in global airport rankings
It lags behind Hamad International Airport and Tokyo International Airport.
Daily Briefing: Pavilion Energy unveils first ship-to-ship LNG refuelling operation; SilkAir offers non-stop flights to Busan
And the STI jumped 5.8% in April.
SIA and SATS renew aviation services contracts for next five years
The contracts cover inflight catering, cabin and cargo handling, as well as services for Scoot.
Scoot to suspend flights to four cities
It cited weak demand and a shortage of aircraft resources.
China Aviation Oil profit slipped 2.12% to $35.8m in Q1
The decline in overall supply and trading volume dragged it down.
Changi Airport passenger movements grew 4% to 16.4 million in Q1
Passenger movements in China, Japan, and North Asia led the growth and offset the declines from Southeast Asia.
UOB and KrisFlyer launch credit card and savings account to target frequent fliers
The card can be combined with a savings account to earn miles.
Firefly resumes operations in Singapore
The airline will increase its Subang-Seletar route to six daily services starting 29 April.
Daily Briefing: GIC to invest in ‘target list' of companies amidst volatility; Agritech startup Glife bags $1.6m in seed funding
And Singapore and Malaysia will discuss the new GPS-based instrument approach to Seletar Airport.
SIA and Garuda Indonesia expand codeshare agreement to Singapore-Jakarta routes
The carriers have already been codesharing for Singapore-Bali and Singapore-Surabaya flights.
SIA grounds two Boeing 787-10 planes after routine inspections
The inspection revealed blade deterioration at some engines.
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