Airbus

SIA Engineering bets on servicing narrow-body planes ahead of recovery - THE EDGE SINGAPORE

Company in the news

SIA Engineering bets on servicing narrow-body planes ahead of recovery

According to Ng, the recovery in air travel will see narrow-body planes take off first, before their wide-body counterparts do.
SIA gets a lift from potential Covid vaccine and travel bubble but recovery still nascent - THE EDGE SINGAPORE

Company in the news

SIA gets a lift from potential Covid vaccine and travel bubble but recovery still nascent

SIA says it is encouraged by the development of Pfizer’s experimental Covid-19 vaccine.

Tech

IMDA, M1, and MPA to conduct coastal 5G network trials with Airbus; M1 and Airbus to conduct connectivity trials for in-land areas

The Infocomm Media Development Authority (IMDA), M1, and the Maritime and Port Authority of Singapore (MPA) will be conducting coastal 5G standalone network trials with Airbus at the Singapore Maritime Drone Estate.

Aviation & Engineering

SIA faces its biggest challenge in Covid-19; investors will need a strong stomach

Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had im­pacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global finan­cia

Broker's Calls

ST Engineering's earnings could nosedive owing to weak aerospace business: RHB

SINGAPORE (April 28): ST Engineering is expected to record earnings declines of 3% to 9% for FY20 to FY22, largely on the back of lower earnings contribution from its aerospace segment, according to RHB Securities.

Management & Corporate Governance

AirAsia, Airbus & a failed F1 Racing Team

(Feb 14): An AirAsia executive chided a senior Airbus employee for not paying US$16 million he said was owed to him and demanded US$30 million in sponsorship before placing more aircraft orders, according to internal emails released by the UK Serious Frau

Corruption probe

AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed

AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun stepping aside for at least 2 months while airline and authorities investigate allegations Airbus paid a bribe of US$50 million to win plane orders

Aviation & Engineering

Malaysia regulator to probe if AirAsia broke rules in Airbus deals

The allegations came to light on Friday when Airbus agreed to a record US$4 billion ($5.5 billion) settlement with France, Britain and the United States.

Markets

US picks new fight with EU, global recession feared

SINGAPORE (Oct 7): The bleak economic outlook could be realised sooner rather than later as negative factors emerge.
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