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...“While Singapore regularly holds meetings with business groups, briefings by such senior ministers are not routine....
...Laurent Donceel, deputy managing director at Airlines for Europe, the industry lobby group, said the gap in the cost of polluting between the global carbon pricing system and the European ETS systems was...
...Other Chinese companies with large operations in western markets, including TikTok owner ByteDance and fast-fashion group Shein, have picked Singapore as their global headquarters....
...Singapore Airlines has recently announced plans to fly from Gatwick, joining Emirates, Air India and three major Chinese airlines....
...It has fallen more than 20 per cent since the start of July, even as many airlines including British Airways owner IAG, easyJet and Singapore Airlines have reported record earnings....
...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...After Singapore, the company headed to Vietnam, Laos, Cambodia, Malaysia and Indonesia....
...“Some serious lateral thinking” was needed, the airline boss added....
...Travel groups performed particularly well after United Airlines forecast stronger-than-expected earnings for the current quarter....
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
...Lufthansa’s Carsten Spohr agreed, and added that the German carrier used to fly directly to 14 destinations in south-east Asia, but now only flies to Singapore and Bangkok....
...The PAP’s succession strategy was thrown into disarray in 2021 after deputy prime minister Heng Swee Keat resigned as leader of the so-called fourth-generation team, a group of younger ministers lined up...
...The group estimated the rule would cost airlines $33bn over 10 years....
...The company is expecting to report a 22 per cent rise in revenue over the period when it publishes first-half earnings next month, to about £3.3bn, in part driven by a strong performance from the group’s...
...Rival Singapore Airlines, which released its third-quarter results last month, warned that higher fuel prices and rising operating costs could weigh on its outlook....
...Co-founder Pablo Alonso Caprile, who is based in Cambodia, says having the group’s base in Singapore gives a “layer of safety”. “The benefits are multilateral....
...China this month announced new visa-free travel arrangements with Singapore and Thailand. Last year, Beijing introduced visa-free policies for some countries including Germany, Italy and Spain....
...A recent survey by the consumer group Which? ranked the UK’s flag carrier among the worst airlines for customer satisfaction....
...“The prime minister has broken the pledge he made . . . not to raise taxes on flying,” said Willie Walsh, former British Airways chief executive and head of global airline lobby group Iata....
...In the wake of the 1997 Asian financial crisis, Singapore acted to ensure that companies could raise funds in capital markets rather than tie their collective fortunes to a small group of financial institutions...
...It is “a big obstacle” for Ethiopian Airlines and affects “nearly all African airlines” who are not able to expand their services, Ethiopian Airlines Group chief executive Mesfin Tasew told the Financial...
...Srettha Thavisin said he had been told of the deal by promoter Anschutz Entertainment Group....
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...Elsewhere, Australia’s Qantas and Singapore Airlines have both recently warned about pressures on fares, even as travel demand continues to show no sign of slowing....
...“Our Singapore plant is controlling our major overseas factories,” he told Nikkei Asia in an exclusive interview, adding that as demand for bicycles increased in Asia and Latin America, its Singapore plant...
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