aviation

SINGAPORE (Oct 19): SATS' wholly-owned subsidiary, SATS Investments, has entered into a memorandum of agreement (MOA) to provide Turkish Airlines and other airlines in-flight catering services at Istanbul New Airport.

SINGAPORE (Oct 2): OCBC Research is upgrading its call on SATS to “buy” from “hold” on valuation grounds, with an unchanged fair value of $5.05.

SINGAPORE (Sept 25): CIMB Research is downgrading its call on SATS to “reduce” from “hold” with a lower price target of $4.24 compared to $5.11 previously, after accounting for slower revenue growth from food solutions and its Japanese subsidiary,

WASHINGTON (Sept 25): President Donald Trump ordered restrictions or suspensions on travel to the US from eight countries, replacing his ban on travelers from six Muslim-majority nations that had been limited by court challenges.

SINGAPORE (Sept 22): Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.

SINGAPORE (Sept 8): A new South Korean budget carrier says it can help push air fares down by as much as 30% and still stay profitable in a market already crowded with six rivals.

SINGAPORE (Sept 7): After enjoying a decade of unrivalled growth and earnings stability, the Middle East’s “super-connectors” – Emirates, Etihad Airways and Qatar Airways – have hit some serious turbulence this year.

SINGAPORE (Sept 6): The operations of several Thai airlines have been suspended by the Civil Aviation Authority of Thailand (CAAT) due to failure to secure recertification under stricter Air Operators Certification (AOC) rules, according to recent reports

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 (July 27): For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travelers in Asia to and from the rest of the world. But now, a US$1 trillion global airport spree is threatening the status quo.