Aviation

Tiger Singapore's operating profit crashes 49% to S$4m

Tiger Singapore's operating profit crashes 49% to S$4m

But OCBC sees clear skies ahead in 1QFY13 when Tiger is no longer burdened with excess aircraft.

Why Changi Airport hiked its passenger service charge by 43%

Raising its PSC to S$19.90 from S$13.90 will help fund the airport group's ambitious terminal expansions and cover rising operating costs.

Keppel unit inks maintenance contract with Changi Airport

The 5-year deal will cover Keppel's facilities management services for Terminal 2's mechanical and electrical systems.

Singapore Airlines recovers from $36m loss a year ago

Parents' operating profit swung back to $85M in 1QFY13 but other segments remain in red.

Tiger Airways struggles in $14m after-tax loss

The airline casts hope in Tiger Singapore's operating profit of $4m.

Singapore Airlines promo fares triggered 10% passenger load rise

But passenger yields fell 3% resulting to a smaller increase of 7% in SIA's revenue.

Singapore Airlines' transformation hit by several challenges

Refocusing to short-haul routes and banking on Scoot for low-cost business put SIA's profitability this year into question.

Singapore Airlines slacks off in bringing tourists

Singapore's visitor arrivals by air grew 13.6% but SIA's passengers grew only 6%.

How SIA soared to $78 million net profit amid crashing demand

The airlines pushed out strong promotions to snap up passengers and kept a vigilant eye on costs to eke out a profit in Q1 2012.

SIA Engineering to earn 5% more in FY13

SIE recently clinched a five-year fleet management contract worth S$166m.

Singapore Airlines costs higher than rivals

SIA is now costlier to run than Cathay Pacific and others.

Why is Scoot abandoning its long-haul only strategy?

Speculations that it might be struggling to pursue original plans rose  as it started flying to Bangkok.

SIA Engineering profit slumps to S$34.4m

Higher expenses outgrew the 8.2% rise in revenue causing profit to contract.

SIA Engineering can't shake off cost pressures and margin concerns

Risks of margin erosion and prolonged aviation sector weakness continue to weigh down the firm's earnings potential, says Maybank Kim Eng.

SilkAir to cut Changsha, Darwin flights

Additional services will be introduced in various regions in time for the Northern Winter season.

SIA to cut Milan, Barcelona, Istanbul flights

Seasonal aircraft and capacity adjustments will be implemented starting 28 October to 30 March 2013.

Changi passengers up by 11.6% in 1H

It handled 25M passengers but cargo movements remain anaemic growing by just 0.1%.