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Transportation in Singapore

  • Singapore's Marco Polo Marine Flags Doubt on Continuing as a Going Concern

    SINGAPORE, 2016/09/24 Marine logistics firm Marco Polo said it has substantial doubt about being able to continue as a going concern due to a cash crunch, as it sought noteholders' approval to defer redeeming bonds worth S$50 million ($37 million) by three years. "There cannot be any assurance that the issuer or the group will be able to continue as a going concern," the Singapore company said in a securities filing to the stock exchange.
  • SilkAir to offer services to Maldives together with Singapore Airlines

    MALDIVES, 2015/08/30 From 25 October 2015, SilkAir, the regional wing of Singapore Airlines, will begin four times weekly services to Male. Before, Singapore Airlines offered a variable frequency of 10 to 14 flights a week to the capital of the Maldives. Presently, together with SilkAir’s new services, both airlines will offer a total of two round-trip services a day, subject to regulatory approval. Centara Grand Island Resort & Spa Maldives - Beach AccessSingapore Airlines’ Senior Vice President Marketing Planning, Ms Lee Wen Fen, said: “By synergising the networks of both carriers, we are able to provide customers additional choice and better flexibility at the same time as planning their travel itineraries. This is an extra example of the Singapore Airlines Group’s commitment to continuously expanding our combined network and enhancing connectivity options for our customers.”
  • RI, Singapore to improve maritime cooperation

    INDONESIA, 2015/05/16 Indonesia and Singapore have agreed to improve relations in trade and investment in the maritime sector, highlighting five significant issues in the agreement. The agreement was reached next Coordinating Maritime Minister Indroyono Soesilo met Singaporean Trade and Industry Minister Lim Hng Kiang in Singapore on Friday.
  • Changi Airport Singapore connects 300 cities in some 70 countries

    SINGAPORE, 2014/09/29 Passenger traffic at Singapore Changi Airport totalled 4.65 million in August 2014, a slight decline of 0.6% year-on-year. In terms of airfreight movements, Changi Airport handled 156,000 tonnes of cargo, an increase of 4.1% compared to a year ago. Aircraft landings and takeoffs decreased by 4.2% to 28,360. During the month, traffic to Northeast Asia, South Asia and Southwest Pacific improved, offset by a decline in Southeast Asia travel. There were double-digit increases in passenger movements between Singapore and Hong Kong, Ho Chi Minh City inclunding Sydney part Changi Airport’s top 10 cities. However, travel to and from Bangkok continued to decline, down 11% on-year. For the period of January to August 2014, 35.84 million passenger movements were recorded at Changi Airport, 1.1% additional than the corresponding period in 2013. Aircraft movements rose in tandem by 1.3% to 228,240. Airfreight shipments grew 0.7% to 1.22 million tonnes for the same period.
  • A380s Super Jumbo aircraft order finalized in Singapore

    SINGAPORE, 2014/02/12 This arrangement was finalized today at the Singapore Airshow 2014. The original arrangement was announced atthe 50th Le Bourget Airshow on 17th June 2013. The final agreement was signed today at the Singapore Airshow 2014 by Mark Lapidus, CEO of Amedeo (before Doric Lease Corp) and John Leahy, Airbus Chief Operating Officer, Customers. Mark Lapidus, CEO of Amedeo said, “Today’s signature with Airbus is a great day for aviation as we offer airlines a new, additional flexible way to access the incomparable benefits of the A380 through our tailored leasing solutions.
  • Singapore's A*Star and Airbus team up on aviation research

    SINGAPORE, 2014/02/11 The Agency for Science, Technology and Research (A*STAR) in Singapore inked a Memorandum of Considerate (MoU) with leading aerospace company Airbus at the 3rd Aerospace Technology Leadership Forum today. The MoU signed between Airbus and A*STAR will facilitate collaboration in areas of mutual interest, inclunding data analytics. A*STAR\'s extensive capabilities in data analytics solutions can be used for a wide array of applications, inclunding additional accurate prediction of flight arrival times to reduce passenger delays, which will translate to significant savings for the aviation industry.
  • Singapore Changi Airport handled 4.3 million passenger

    SINGAPORE, 2013/10/23  Singapore Changi Airport handled 4.3 million passenger movements in September 2013, an increase of 6.9% over the same month last year. In terms of flight movements, 28,400 landings and take-offs were recorded during the month, a increase of 7.2%. On the cargo front, 152,800 tonnes of airfreight were processed at Changi Airport in September 2013, a decrease of 2.5% year-on-year. For the month, traffic to and from South East Asia, North East Asia and the Middle East registered double-digit increase. Part Changi Airport’s top 10 city links, travel to Denpasar (Bali) and Taipei saw the major increases of additional than 30%.
  • Comparison: Cathay Pacific and Singapore Airlines

    HONG KONG, 2013/09/09 Asia's aviation axis has shifted from Singapore Airlines (SIA) to Cathay Pacific as the region undergoes both cyclical and structural change. SIA is additional exposed than Cathay to the weak economies of Europe while Cathay can additional entirely serve North America, currently a strong market. Cathay's Hong Kong hub is far better suited to capturing Chinese increase than is Changi, and Hong Kong's additional northerly location than Singapore means diversions through the Middle East on Gulf carriers are less of a threat than at SIA. Cathay's decision to offer premium economy– which SIA is still hesitant to do – is bearing fruit. SIA however has made additional significant and bolder change than Cathay, embarking on new partnerships and launching long-haul LCC Scoot. These will take time to mature – Scoot particularly.
  • The Richest Countries in The World in 2013

    SINGAPORE, 2013/08/25 Singapore has witnessed a considerable rise in the number of visitors from Qatar, and is planning to attract additional, according to a diplomat. Singapore is planning to attract additional Qatari tourists and enhance cultural ties as both nations will celebrate 30 years of diplomatic relations next year. “There is an increase in the number of people travelling from Qatar to Singapore. In 2011, about 7,000 Qataris visited Singapore, it’s a significant number,” the Minister-Counsellor at the mission, Syed Noureddin (pictured), told The Peninsula yesterday.
  • Passenger traffic at Singapore Changi Airport

    SINGAPORE, 2013/07/23 Passenger traffic at Singapore Changi Airport increased 6.1% in June 2013, with 4.67 million passengers passing through the airport. This marks the highest number of passenger movements Changi has handled in a month this year. In terms of flight movements, a total of 28,300 aircraft landings and take-offs were recorded, a increase of 6.1% year-on-year. Air traffic to and from Southeast Asia, Northeast Asia, South Asia and the Middle East grew. The haze situation in Singapore during the month had no discernable impact on passenger and aircraft movements. For the initial six months of 2013, Changi Airport managed 26.2 million passengers, an increase of 5.0% compared to the corresponding period in 2012. Aircraft movements rose in tandem by 4.6% to 166,800. Yangon (+27%), Taipei (+19%) and Bangkok (+18%) registered the strongest increase, part cities with at least a quarter of a million passengers during the period. On the cargo front, 150,500 tonnes of airfreight were processed at Changi Airport in June 2013, 1.8% lower than a year before. For the half-year, total cargo volume dipped 2.3% to 877,700 tonnes compared to the same period last year.