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MUMBAI: Ratan Tata is no stranger to flying. As a 17-year-old, the patriarch of India’s biggest conglomerate once landed a plane that had lost its sole engine mid-flight. He’s also piloted the supersonic F-16 fighter jet.
SINGAPORE: Thailand shares climbed nearly 2% to hit their highest in more than five months on Monday, leading broader gains in emerging Asian stock markets, while Singapore stocks were lifted by better-than-expected third-quarter GDP numbers.
Hong Kong: Asian airlines rallied as hopes the world could begin to return to normal were boosted by news that another vaccine candidate appeared to be effective against the coronavirus.
WITH HOPES that their season in hell could be approaching an end, airline stocks are on a tear.
BENGALURU: Singapore, Thailand and Malaysia drove stock market gains in Asia on Tuesday after results from a late-stage COVID-19 vaccine trial fuelled optimism about the easing of global restrictions, which should help the region's tourism- and trade-dependent economies next year.
SINGAPORE: Singapore Airlines Ltd plans to raise more liquidity after posting its biggest quarterly loss on record as the coronavirus decimated travel demand and charges from fuel hedging and fleet impairment weighed on its bottom line.
SINGAPORE: Singapore Airlines Ltd posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line.