AviationFeaturedCathay Pacific A350 engine fire: Airbus, Rolls-Royce face scrutinyIFM CorrespondentSeptember 17, 2024 by IFM CorrespondentSeptember 17, 2024 EASA said the Cathay Pacific flight powerplant fire had caused heat damage to the engine housing, including ducts used for reverse thrust on landing... Read more
AviationSingapore Airlines to let go 20% of its workforce as pandemic takes tollPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 Around 4300 employees are expected to lose their job... Read more
AviationFeaturedSingapore Airlines raises $542 mn by securing its aircraftPritam BordoloiJuly 28, 2020July 28, 2020 by Pritam BordoloiJuly 28, 2020July 28, 2020 The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s... Read more
AviationFeaturedThailand’s low-cost carrier NokScoot Airlines to enter liquidationPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020 The carrier is expected to hold a meeting on July 14 with regard to the dissolution and to also appoint a liquidator... Read more
AviationFeaturedSingapore Airlines secures additional $1 bn in credit facilitiesPritam BordoloiJune 8, 2020 by Pritam BordoloiJune 8, 2020 This is in addition to the $6.32 bn it raised from a rights issue, to deal with the COVID-19 crisis... Read more
AviationFeaturedSingapore’s Temasek eyes stake in troubled Virgin AtlanticPritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group... Read more
AviationFeaturedMidEast and APAC aviation sector to lose $36.4 bn in revenuePritam BordoloiMay 5, 2020 by Pritam BordoloiMay 5, 2020 The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)... Read more
AviationFeaturedSingapore records the highest number of grounded flightsInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 Singapore has 205 flights stationed while Hong Kong has recorded 178... Read more
AviationFeaturedSingapore Airlines raises S$19 bn to survive the coronavirus crisisInternational Finance Business DeskMarch 27, 2020 by International Finance Business DeskMarch 27, 2020 The airlines’ biggest shareholder Temasek will underwrite the sale of shares and convertible bonds for up to S$15 bn... Read more
AviationFeaturedSingapore Airlines and Japan’s ANA sign deal to improve connectivityPritam BordoloiJanuary 31, 2020January 31, 2020 by Pritam BordoloiJanuary 31, 2020January 31, 2020 The deal will also focus on flights between Japan and Singapore, Malaysia, Indonesia, India and Australia... Read more