Changi Airport

Joint ventures and alliances

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 overal

Singapore economy

Singapore to lure air, sea traffic with infrastructure push

(Mar 8): Singapore is transforming its infrastructure to fend off competition from the seas to the skies.

Disruption and Digitalisation

Lufthansa Innovation Hub opens in Singapore

SINGAPORE (Jan 31): Lufthansa Group, the German aviation group, has launched the first foreign office of its digitalisation and innovation unit – Lufthansa Innovation Hub (LIH) – in Singapore.

Broker's Calls

OCBC downgrades SATS back to 'hold' due to limited near-term upside

SINGAPORE (Jan 11): OCBC Investment Research is downgrading SATS back to “hold” while raising its fair value to $5.34 from $5.23 previously, after updating its cost of equity (COE) assumptions to f

Contracts

Yongnam wins contracts worth over $73 mil in Australia and Singapore

SINGAPORE (Dec 27): Yongnam Holdings has secured contracts totalling to $73.4 million in value, including several specialist civil engineering contracts to supply steel struts and strutting compone

Aviation

SIA puts new Boeing 787-10 on Osaka route; first 20 planes to feature new beds and backrests

SINGAPORE (Mar 28): Singapore Airlines (SIA) will be flying its first Boeing 787-10 to Osaka, Japan, starting from May this year.

Aviation

SilkAir launches first direct flights from Singapore to Broome, Western Australia

SINGAPORE (Feb 28): SilkAir, the regional wing of Singapore Airlines, has launched its first direct flights from Singapore to Broome, Western Australia.

Aviation

Changi Airport's T5 pre-funding plan objectionable, IATA says

SINGAPORE (Feb 5): The airline industry’s most prominent trade body said it objects to any attempts by Singapore to charge travelers to help fund the construction of its new Terminal 5 in Changi Ai

Broker's Calls

OUE Hospitality Trust's valuations still unattractive despite lower cost of debt: OCBC

SINGAPORE (Jan 5): OCBC Investment Research is maintaining its “hold” call on OUE Hospitality Trust on valuation grounds with a higher fair value estimate of 83 cents from 82 cents previously.

Broker's Calls

Good news for OUE Hospitality Trust as Changi Airport traffic continues to climb

SINGAPORE (Nov 21): Passenger movements at Changi Airport continue to climb, registering 7.5% y-o-y growth in Sept and a 5.9% y-o-y growth for 9M17.

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