Singapore Airlines provides wireless high speed secure internet

From this month (November 2005), customers flying to New York via Frankfurt can access high speed internet. Connexion by Boeing, an inflight wireless broadband service that provides customers in all three classes with real-time, high-speed and secure internet connectivity was first offered by Singapore Airlines in March 2005, and by June was available on all services between Singapore and London. In that same month, Singapore Airlines became the first airline in the world to introduce live global TV on international flights using the same system. Through the Connexion by Boeing facility, customers of Singapore Airlines with wireless-enabled laptops can send Read more

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ST Aerospace wins $120 million contract to provide with training helicopter

Singapore Technologies Aerospace Ltd (ST Aerospace) announced that it has won a contract to provide training helicopter for the Singapore Ministry of Defence. Under this contract, worth about $120m, ST Aerospace will provide the Republic of Singapore Air Force (RSAF) a fleet of five EC120 Colibri helicopter with full technical and logistic support for the fleet over a period of 20 years. Under the programme, ST Aerospace will own and maintain the helicopter, while pilot training would be performed by the RSAF. Eurocopter Southeast Asia (ESEA), which collaborated with ST Aerospace on this project, will supply the helicopter as well Read more

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SAS Group sells its shareholding in European Aeronautical Group

The SAS Group has signed and closed an agreement to sell its 100% stake in European Aeronautical Group (EAG) to Navtech Inc. based in Waterloo, ON, Canada. The shares are sold at a total price of approximately MSEK 162 for the equity plus an additional amount estimated to MSEK 30 based on future revenues. The capital gain in the SAS Group is approximately MSEK 50 and the positive effect on cash and net debt is approximately the same excluding the additional amount.

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