aviation

SINGAPORE (Apr 3): Edison Investment Research has lowered its fair value on China Aviation Oil (CAO) to $1.82 from $1.88 after the research house rolled forward its peer group and DCF-based valuations by a year.

LONDON/SINGAPORE (April 2): Rolls-Royce Holdings Plc said it will accelerate a program to install redesigned blades on some of its Trent 1000 engines, after early wear forced Singapore Airlines Ltd. to ground two 787 aircraft using the turbines.

SINGAPORE (Feb 22): CIMB is reiterating its “add” recommendation on Singapore Airline (SIA) with a target price of $12.05.

SINGAPORE (Feb 9): SIA Engineering Company (SIAEC) says that it has signed a memorandum of understanding (MOU) today with CaseBank Technologies, a division of Aircraft Technical Publishers, to collaborate in the field of data analytics.

SINGAPORE (Feb 9): Aircraft maintenance, repair and overhaul (MRO) players such as ST Engineering’s subsidiary ST Aerospace and SIA Engineering Co are expected to see less MRO work ahead.

SINGAPORE (Dec 27): The Competition Commission of Singapore (CCS) is asking the public to provide feedback on a proposed joint venture (JV) by CAE International Holdings and Singapore Airlines (SIA).

SINGAPORE (Dec 5): Customers of Singapore Airlines (SIA) and SilkAir can now enjoy more travelling choice and convenience to over 130 destinations across the SIA Group network from the new codeshare agreement with Scoot, the group’s low-cost subsidiary.

SINGAPORE (Nov 9): Gateway solutions provider SATS has announced $72.2 million in earnings for 2QFY17-18, up 16.3% from $62.1 million in the same period a year ago on higher overseas contributions and a one-off gain.

SINGAPORE (Nov 7): Singapore Airlines (SIA) has reported earnings of $190 million for 2Q17/18 ended Sept, up nearly three times from its earnings of $65 million in the same period a year ago on stronger operating results.

(Oct 31): AirAsia Bhd on Tuesday said it plans to sell more stakes in non-flying businesses to fund special dividends to shareholders, after announcing a new ground handling joint venture (JV) with Singapore's SATS.