Aviation
NASA Astronaut’s Near-Miss with Mysterious Metallic Orbs Stuns Aviation World
A former NASA astronaut has shared details of a close call with unidentified flying objects while piloting his private plane over Texas. Dr. Leroy Chiao, who has flown three...
Analysts place ‘buy’ call on Oiltek on strong order book, growing demand for sustainable aviation fuel
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process company Oiltek, in light of...
Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial production, bringing its total investment in the company to...
BOC Aviation wants to raise fleet size by 50% to 1,000 to stay at forefront of industry
2030 target will give aircraft lessor the scale to do the bigger deals with the bigger airlinesBOC Aviation, an aircraft lessor, aims to grow its fleet to 1,000 planes...
China Development Bank aviation unit buys 80 Airbus A320neos
CHINA Development Bank Financial Leasing agreed to buy 80 Airbus jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation aircraft in its fleet.The planes, which...
SIAEC in the cross hairs of Malaysian ire highlights aviation MRO sector’s deepening woes
Skilled worker and spare parts shortages causing challenges and friction, including unfounded allegations of staff poachingTHE recent woes at Malaysia’s national carrier have put Singapore-listed SIA Engineering Company (SIAEC)...
GIC-backed aviation service provider StandardAero files for US IPO
StandardAero, an aircraft maintenance services provider backed by private equity firm Carlyle Group and Singapore’s sovereign wealth fund GIC, filed for an initial public offering (IPO) in the US...
Malaysia Aviation Group to cut flight capacity by 20% this year
MALAYSIA Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday (Aug 29) it would reduce network capacity by 20 per cent across its airlines this...
