SIA Group's passenger carriage plummets by 96.6%

16 Mar 2021 - Singapore Business Review
SIA Group's February operations barely weather the pandemic's blows. Dampened demand for international passengers due to the COVID-19 pandemic has led to a massive drop in SIA Group's passenger carriage. SIA Group, which operates flag carrier Singapore Airlines, SilkAir, and low-cost carrier Scoot, reported ...
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Market Update: STI makes U-turn, reaches 3,100-point level

12 Mar 2021 - Singapore Business Review
After a day of slump previously, the Straits Times Index made a U-turn on Thursday, ending the day's trading at 3,106.01, up by 26.29 points or 0.85%. About 2.41-billion securities worth S$1.85-billion changed hands, with advancers outnumbering stock losers, 306 to 170. Top performers for the day were ...
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SIA to pilot IATA's travel pass app

9 Mar 2021 - Singapore Business Review
This marks the second phase of SIA’s digital health verification process trials. Singapore Airlines will be the first airline in the world to use the International Air Transport Association’s (IATA) Travel Pass mobile application for digital health verification, starting with passengers travelling from ...
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Market Update: STI closes above 3,000-point level despite losses

8 Mar 2021 - Singapore Business Review
The Straits Times Index ended Friday's trading with a slight downturn of about 0.93 points or 0.03% closing at 3,013.85. For the week, STI closed higher by 2.1%. About 2.44-billion securities worth S$1.61-billion changed hands with more advancers than decliners (255 to 211), despite the main index ending ...
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Data of 580,000 SIA customers compromised in cyber attack

5 Mar 2021 - Singapore Business Review
This did not affect passwords and credit card information, Singapore Airlines said. A cyber attack on international IT company SITA has affected 580,000 customers of Singapore Airlines (SIA). In a press statement, the flagship carrier said SIA was informed of the data breach involving its passenger service ...
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SIAEC to acquire aircraft service firm SRT Malaysia

2 Mar 2021 - Singapore Business Review
Both parties will enter into negotiations on the terms of the transaction. SIA Engineering Company Limited (SIAEC) has entered into a memorandum of understanding with SR Technics Switzerland AG for the potential acquisition of its Malaysian subsidiary SRT Malaysia. The MOU was reached following a review ...
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Market Update: STI ends higher along with Asian peers

26 Feb 2021 - Singapore Business Review
The Straits Times Index climbed by 48.96 points or 1.67% on Thursday, ending the day's trade at 2,973.54. Most Asian stocks also traded in the green for the day as the US Federal Reserve assured that its monetary policy would remain low for an extended period. Advancers outnumbered losers, 329 to 184, ...
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SIA Engineering to grow engine service business

25 Feb 2021 - Singapore Business Review
It announced the setting up of its new business unit. SIA Engineering Company (SIAEC) is setting up a new business unit, the Engine Services Division (ESD), to grow its engine service business, the company announced. ESD will focus on increasing value to its original equipment manufacturer (OEM) partners ...
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Singapore's Budget 2021 to bolster SIA's recovery

18 Feb 2021 - Singapore Business Review
Flag-carrier Singapore Airlines sees support packages and vaccines as vital to its recovery. The funding earmarked for the aviation sector under Singapore’s 2021 spending plan is expected to aid Singapore Airlines (SIA) in navigating through the crisis brought by the coronavirus pandemic. Some $870m ...
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Market Update: STI ends with modest gains for second straight day

17 Feb 2021 - Singapore Business Review
The Straits Times Index closed on Tuesday at 2,935.34, up by about 3.82 points or 0.13%. Investors were looking into the national budget for the year, anticipating the support for the sectors hardest hit by the pandemic. Most Asia stocks ended on a positive note, still owing to the US stimulus package, ...
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