aviation

Qantas to test in-flight service alternatives to ditch jet lag on world's longest flight

(Oct 18): Qantas Airways will ditch the traditional in-flight service routine for this weekend’s marathon nonstop trip from New York to Sydney.

At almost 20 hours, the unprecedented journey is set to be the world’s longest flight. It’s a key test run as Qantas prepares to start direct commercial services connecting Sydney with New York and London as soon as 2022.

Singapore Air picks crucial fight against Emirates in India

(Aug 7): Singapore Airlines just picked a fight with Emirates in a grab for India’s international travellers, and a slice of one the world’s fastest-growing aviation markets.

Singapore Air’s unprofitable Indian venture Vistara completed its first overseas flight -- between New Delhi and Singapore -- on Wednesday. It’s the start of an uphill battle against Middle East airline giants, led by Emirates and Etihad Airways PJSC, that dominate India’s offshore routes.

United Technologies, Raytheon to combine as defense giant

NEW YORK (June 10): United Technologies Corp. agreed to buy Raytheon Co. in an all-stock deal, forming an aerospace and defense giant with US$74 billion ($100.9 billion) in sales in one of the industry’s biggest transactions ever.

ST Engineering expands MRO presence to Vietnam with $5.3 mil JVCo

SINGAPORE (June 6): ST Engineering’s Aerospace unit and Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, have formed a 49:51 joint venture (JV) entity in Vietnam following a memorandum of understanding (MoU) signed in April last year.

Called Vietnam Singapore Technologies Engineering Aerospace, the JV company was set up with a capital of US$3.9 million ($5.3 million) to provide component maintenance, repair & overhaul (MRO) solutions.

It also establishes ST Engineering’s foray into Vietnam.

SATS well supported by decent dividend yield, strong growth prospects: DBS

SINGAPORE (May 23): DBS Vickers Securities is remaining positive on SATS with a “buy” call and target price of $5.44, on the belief that Changi Airport and regional aviation growth will continue to drive the gateway services provider’s long-term earnings growth.

This comes after SATS ended FY19 with earnings of $248.4 million, down 5% y-o-y due to the absence of one-off gains.

ATA.ONE offers cheap airfares to fill empty seats

SINGAPORE (May 20): From booking tickets to online checkins, mobile apps have been transforming the travel experience for airlines and passengers alike over the past decade or so.

Categories: 

This app is a win-win solution for both airlines and travel junkies

SINGAPORE (May 17): 2.2 million seats are left unsold every day around the world, translating to significant lost revenue for thousands of commercial airlines globally.

Now, there is now an app that lets passengers seek bargain airfares by bidding for last-minute left over seats while helping airlines fill empty seats at the same time.

ATA.ONE is currently only available in Europe and the Middle East. 

Singapore Airlines, SATS extend partnership with new five-year contract commitment

SINGAPORE (April 30): Singapore Airlines (SIA) and SATS Ltd have agreed to renew a suite of aviation services contracts for the next five years as part of their bid to strengthen Singapore’s overall competitiveness as a hub.

For the next five years starting from April 1, SIA and SilkAir contracts will have a five-year tenure with the option to extend for another five years. It encompasses inflight catering and cabin handling, passenger and ramp handling, cargo handling, aircraft interior cleaning, aviation security and laundry services.

China Aviation Oil's 1Q earnings fall 2.12% to $35.9 mil on lower revenue

SINGAPORE (April 25): China Aviation Oil (CAO) has announced 1Q19 earnings of US$26.3 million, down 2.12% y-o-y from US$26.9 million a year ago due to lower revenue.

Revenue for the quarter fell 9.37% to US$3.72 billion from US$4.1 billion in 1Q18 on the back of lower oil prices as well as a decrease in overall supply and trading volume.

Notably, a 32.5% decrease in revenue contributions from other oil products to US$960.7 million more than offset a 2.91% improvement in revenue from middle distillates to US$2.76 billion.

SIA Engineering to establish line maintenance JV in Thailand with NokScoot

SINGAPORE (April 1): SIA Engineering Company (SIA EC) is establishing a $2.74 million line maintenance joint venture (JV) company in Thailand with low-cost carrier (LCC) airline, NokScoot Airlines.

The JV company is due to commence operations in Bangkok’s Don Mueang Airport (DMK) with the aim to subsequently expand to other key airports in Thailand.

Under the terms of the agreement, SIA EC will subscribe for a 51% stake in the JV for $1.34 million in cash – while NokScoot will hold the remaining 49% interest with a $1.4 million cash subscription.

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