Aviation
China Aviation Oil H2 profit up 182% to US$39.1 million amid air travel recovery
For the full year, net profit was up 75.5 per cent to US$58.9 million from US$33.5 million in FY2022. Revenue for the year, however, dropped 12.4 per cent to...
China’s aviation fuel demand seen up 13% in 2024: CNPC research
CHINA’S aviation fuel consumption is likely to expand 13.1 per cent this year, extending a robust recovery last year on passenger travel, but the country’s crude oil imports may...
Aviation financing industry not fully recovered, says BOC Aviation CEO
THE airline and leasing industries bruised by the pandemic have largely recovered – but not aviation financing, said Steven Townend, chief executive officer (CEO) of aircraft leasing company BOC...
Airbus to set up centre for sustainable aviation in Singapore
EUROPEAN aircraft manufacturer Airbus is setting up a centre for research and development related to sustainable aviation, including areas such as sustainable fuel. This is under a memorandum of...
Aviation industry faces challenges of affordable airfares, inadequate manpower
THE aviation industry in the post-pandemic era is not short of challenges, ranging from keeping airfares affordable, especially during festive seasons when profit margins are “razor-thin”, to having adequate...
Sustainable Air Hub Blueprint sets out Singapore’s route to net-zero aviation by 2050
One key airline initiative is a blanket flight levy to support the use of sustainable aviation fuel (SAF). Derived from renewable sources – including agricultural residue and waste oils...
What New Aviation Trends Can Teach Us Running a Business | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. The aviation industry is transforming thanks to the entrepreneurial spirit of individuals and companies launching their own MRO services in Europe....
Are Self-Flying Planes the Future of Air Travel? An Aviation Expert Weighs In. | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. We've all read about how self-driving cars will soon dominate our roads. But what about pilotless passenger airplanes?The technology is there,...
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