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aviation
In print this week
SIA Engineering has better yield than parent Singapore Airlines
SINGAPORE (July 3): SIA Engineering Co, the 77.5%-owned sub sidiary of flag carrier Singapore Airlines, is rewarding shareholders with a final payout of 14 cents. This brings its full-year payout to 18 cents for FY2017 ended March 31, up four cents from t
July 03, 2017
Broker's Calls
Booming Chinese aviation market and business diversification keep China Aviation at 'buy'
SINGAPORE (June 28): RHB is maintaining its “buy” call on China Aviation Oil (CAO) with a target price of $1.90, given China’s rapidly-growing aviation market and the group’s increased business diversification.
June 28, 2017
Aviation & Engineering
ST Aerospace JV secures second passenger-to-freighter conversion contract with DHL Express
SINGAPORE (June 19): Elbe Flugzeugwerke (EFW), a 55:45 joint venture company between Airbus and ST Engineering’s subsidiary ST Aerospace, has secured its second conversion contract from DHL Express, which was signed today at the biennial International P
June 19, 2017
Aviation & Engineering
Qatar signs US$12 bil deal for US F-15 jets amid gulf crisis
WASHINGTON (June 15): Qatar will sign a deal to buy as many as 36 F-15 jets from the US as the two countries navigate tensions over President Donald Trump’s backing for a Saudi-led coalition’s move to isolate the country for supporting terrorism.
June 15, 2017
Broker's Calls
Disposal gains could lead to higher-than-expected 4Q earnings for SATS
SINGAPORE (May 17): UOB Kay Hian is estimating SATS will post a 25% y-o-y increase in headline net profit when the airline gateway services and food solutions provider reports its FY17 earnings this Friday, versus the street’s implied estimate of 4.3% g
May 17, 2017
Aviation & Engineering
Singapore Air may land unfamiliar net-debt spot as soon as 2018
SINGAPORE (May 2): A record plane-buying spree is poised to land Singapore Airlines Ltd. in an unfamiliar territory.
May 02, 2017
Aviation & Engineering
China's new jet will seek share of world's largest aircraft market
BEIJING (April 26): China is set to become the world’s largest market for aircraft and the nation’s first domestically developed large jet is getting ready seeking a share of that business.
April 26, 2017
In print this week
The golden opportunities that lie ahead for Midas
SINGAPORE (April 21): After sliding for most of the last six years, shares in Midas are now trading at 0.46 times its book value.
April 21, 2017
Aviation & Engineering
Boeing to dismiss hundreds of engineers amid sales slowdown
CHICAGO (April 18): Boeing Co. plans to lay off hundreds of engineers in Washington state and other locations -- and may eliminate more jobs later this year as the planemaker contends with slowing aircraft sales.
April 18, 2017
Aviation & Engineering
United CEO apologises again after first mea culpa falls flat
ATLANTA/DALLAS/LONDON (April 12): United Continental Holdings Inc. struggled to contain spiraling fallout over a passenger’s forcible removal from a flight as efforts at damage control fell flat. Chief Executive Officer Oscar Munoz even made another at
April 12, 2017