airlines

“Pent-up demand is there. We just need the right settings.”

A seismic shift is underway as the world’s airlines reassess their operations and how they will look emerging from the crisis.

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.

SINGAPORE (Oct 15): ST Engineering’s aerospace business sector has secured new contracts totalling $590 million in value in 3Q18 for services ranging from airframe, engine and component maintenance, to engine wash.

SINGAPORE (June 22): The International Air Transport Association forecasts that 1% of the world GDP, or US$871 billion ($1.17 trillion) will be spent on air transport in 2018.

SINGAPORE (Aug 31): As part of its agreement to extend its partnership with Emirates for another five years, Qantas Airways has announced that it will now provide three stopover options to Europe via Dubai, Perth and Singapore via its joint network.

SINGAPORE (April 5): UOB Kay Hian is maintaining Singapore’s aviation sector at “market weight” after observing a decline in flight movements in recent months, which suggest varying fortunes for both airlines and ground handlers in the industry.

DUBAI/ATLANTA (March 24): Middle East airlines scrambled to find ways to respond to a ban on electronics introduced this week.

SINGAPORE (Feb 10): Maybank Kim Eng is maintaining its “sell” call on SATS with an unchanged price target of $3.76, despite noting a “good quarter” where the gateway and food solutions provider’s core PATMI  came in 14% higher than the research

DALLAS (Jan 31): As new US travel rules plunged several large American airports into chaos, lawyers for some travelers who are long-term legal residents said the government had urged them to relinquish their status as a requirement for reentering the coun