Asia Engineering News Today

SIA Engineering announced it posted revenue of $796.0 million for the financial year ended 31 March 2023, an increase of 40.6% year-on-year

Singapores aircraft maintenance services provider SIA Engineering on Wednesday inked a fresh services deal with flag carrier Singapore Airlines for the provision of maintaining and managing fleet... | March 29, 2023

Green energy company Energy Absolute has taken delivery of what it says is Thailand's first electric locomotive, a battery-powered unit from CRRC Dalian.

RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.

SET-listed Energy Absolute Plc (EA), a renewable energy and electric vehicle (EV) developer and operator, is conducting a trial run of a battery-powered locomotive as the company aims to expand into rail transport.

By Alfred Chua2021-07-26T02:42:00+01:00 SIA Engineering narrowed its quarterly operating loss on the back of higher revenue and continued governmental support, though it warns that the “trajectory for a sustained recovery” remains unclear.  The Singapore Airlines MRO unit adds that while it has seen an increase in flight volume from Singapore-based carriers, “any meaningful increase in flight frequencies is not expected to materialise in the short term”.  Source: SIA Engineering For...

Pictured are some of the Cummins Inc. vehicles powered with alternative energy. Photo courtesy Cummins.com Private companies like Cummins Inc. are rushing to meet governments’ demands for energy efficient vehicles — but they need government to fulfill its end of the equation, too. Tom Linebarger, Cummins CEO, said during a conference call earlier this week that the company continues to work hard on its transition from diesel engines to hybrid engines that don’t emit any carbon dioxide. ...

By Alfred Chua2021-05-05T01:57:00+01:00 SIA Engineering fell into the red for its full-year financial results, saying that the aerospace industry’s path to recovery is “still fraught with risks”, including the emergence of new coronavirus strains and a resurgence in virus cases.  The MRO unit of flag carrier Singapore Airlines reported an operating loss of S$25 million ($18.7 million) for the year ended 31 March, on the back of a collapse in maintenance activities.  Source: SIA Engine...

The maintenance, repair and overhaul sector has been battered as the travel industry came to a halt because of the COVID-19 pandemic. SIA ...