All Singapore articles – Page 7
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InterviewST Engineering’s new aerospace chief sees opportunity amid pandemic crisis
ST Engineering’s aerospace unit saw a leadership change on 1 October, when Jeffrey Lam took the helm. While the industry may be mired in crisis, Lam believes there are still plenty of opportunities for innovative companies.
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NewsMalaysia lockdown curtails regional air travel
Travel restrictions are closing in on Southeast Asia, as Malaysia imposes a partial lockdown after seeing a recent spike in coronavirus cases. From 18 to 31 March, citizens are restricted from leaving the country, while foreign visitors and tourists will be denied entry. Nearly all business, government offices ...
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NewsHigher revenue boosts ST Engineering Aerospace full-year profit
ST Engineering’s aerospace arm notched a 15.5% increase in its full-year operating profit – on the back of higher revenue – to S$310 million ($221 million). Revenue for the year ended 31 December 2019 came in at S$3.45 billion, about 30% higher than the same period last year. Net ...
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NewsSingapore extends support for aviation industry amid coronavirus outbreak
Singapore is rolling out a six-month support package for the country’s aviation industry, with an aim of safeguarding Changi Airport’s air connectivity, reducing business costs, and protecting jobs, amid the coronavirus outbreak that has affected airlines worldwide. The S$112 million ($80.5 million) package will comprise rebates on aircraft landing ...
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NewsST Engineering Aerospace chief talks sustainability
ST Engineering’s aerospace unit is looking to up its sustainability efforts in its operations. The head of ST Engineering’s aerospace unit Lim Serh Ghee acknowledges that the company “has a part to play” in sustainability, being part of the larger aviation community. Source: BillyPix head ...
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NewsSingapore’s aerospace industry gets $360m investment
Singapore’s aerospace industry will see inward investment of S$500 million ($360 million) over the next five years as global firms strengthen their presence in the city state. Firms including GE Aviation, Rolls-Royce and Safran Aircraft Engines have signed agreements with Singapore government agency JTC for new or expanded facilities. ...
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NewsPratt & Whitney looks to double GTF capabilities in Singapore
A year after it began operations, Pratt Whitney’s PW1000G-series overhaul line in Singapore is looking to ramp up its output. Eagle Services Asia (ESA), a joint venture between P W and Singapore Airlines’ engineering arm, has recently undergone a $85 million refurbishment, which saw the addition of ...
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In depthFor Singapore’s aerospace industry, innovation is its trump card
At Rolls-Royce’s sprawling facility in Singapore, the robots are feeling the heat — literally. At its Trent fanblade manufacturing facility — the only other such facility outside of R-R’s Derby headquarters — the robots take the lead in a process known as super plastic forming. Source: ...
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NewsST Engineering Aerospace doubles contract wins for 2019
ST Engineering’s aerospace unit has clinched S$1.1 billion ($808 million) worth of new MRO contracts in the quarter that ended 31 December. This brings the total value of the unit’s contracts for 2019 to about S$4.2 billion, nearly twice of S$2.1 billion in 2018. Among the new deals ...
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BOC Aviation places four A321neos with Scoot
Scoot will lease four new Airbus A321neos from BOC Aviation, with deliveries of the jets scheduled for the second half of 2020.
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BOC Aviation expects up to 30 jet deliveries to slip into 2020
Lessor BOC Aviation expects that up to 30 aircraft that were due for delivery this year could be pushed into 2020, primarily due to the Boeing 737 Max grounding.
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Scoot to take 16 new A321neos
Singapore Airlines’ budget unit Scoot is to take delivery of 16 new Airbus A321neos in the last quarter of 2020.
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Drones again disrupt operations at Singapore Changi airport
Operations at Singapore Changi airport operations were disrupted on 24 June due to unauthorised drone activities and bad weather.
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BOC Aviation to sell 17 mid-life aircraft into $548 million ABS
BOC Aviation is selling a 17-aircraft portfolio of mostly mid-life narrowbodies via a $548 million securitisation called Silver Aircraft.
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Singapore investigates drone sightings near Changi airport
Singapore Changi airport was forced to temporarily suspend operations from one runway late on 18 June after confirmed sightings of a drone operating in the vicinity.
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PARIS: Collins to open Singapore MRO 'innovation hub'
Collins Aerospace is expanding its MRO presence in Singapore, announcing plans to open an "innovation hub" there dedicated to developing advanced maintenance techniques and technologies.
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BOC Aviation prices private placement
BOC Aviation is raising HKD450 million ($56 million) with a private placement through its medium-term note programme.
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GIC closes investment in Nordic Aviation Capital
Singapore sovereign wealth fund GIC has taken a minority shareholding in Nordic Aviation Capital (NAC) as the deal officially closed today.
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Interview
INTERVIEW: Matthew Pritchard, general manager and site director, Ontic
Matthew Pritchard is general manager and site director for aftermarket support company Ontic with responsibility for spearheading the company's UK and Singapore business units
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Singaporean wealth fund signs on as equity partner in lessor NAC
Singaporean sovereign wealth fund GIC is to take a minority stake in Nordic Aviation Capital – joining the regional aircraft lessor's current shareholders, EQT VI and founder Martin Moller.