Singapore Airlines Ltd (SIAL.SI)
24 Jun 2019
SINGAPORE, May 16 Singapore Airlines Ltd on Thursday reported its highest ever annual revenue on a jump in passengers, though higher fuel costs nearly halved its profit.
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Rolls-Royce has agreed to an early inspection of some Trent 1000 TEN engines by regulatory authorities, a week after Singapore Airlines Ltd grounded two Boeing Co 787-10 jets fitted with the units.
* Stock underperforms bluechip index (Adds analyst comment, details, shares)
* Small number of engines need blades replaced early -Rolls-Royce
SINGAPORE, April 2 Singapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines after checks of its fleet found premature blade deterioration.
SINGAPORE Cathay Pacific Airways said on Wednesday it had agreed to buy Hong Kong Express Airways Ltd from cash-strapped Chinese conglomerate HNA Group for HK$4.93 billion ($628 million), giving it a foothold in the fast-growing budget travel market. | Video
* Shareholder of HK Express holding co might contest transaction (Adds potential for deal termination, HK Express comment)
SINGAPORE Cathay Pacific Airways said on Wednesday it had agreed to buy Hong Kong Express Airways Ltd from cash-strapped Chinese conglomerate HNA Group for HK$4.93 billion ($628 million), giving it a foothold in the fast-growing budget travel market.
SINGAPORE Hong Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a "unique market segment" it does not capture at present, Chief Executive Rupert Hogg said on Monday.