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  1. Minorities enter China Aviation fray

    Posted Dec 11th 2004, 12:00am by Michael Dwyer

    ... Michael Dwyer in Singapore Singaporean investors association seeks legal advice on court action over jet-fuel firm's US$550m derivatives trading loss China Aviation Oil (Singapore ... with the Singapore High Court yesterday agreeing to allow the company more time to negotiate a scheme of arrangement with its creditors. The court gave China Aviation Oil six more weeks to finalise its ...

  2. China Aviation Oil holds off collapse

    Posted Dec 10th 2004, 12:00am by Michael Dwyer

    ... Michael Dwyer in Singapore Fuel firm confident key creditor will not enforce demand on US$14m payment that will result in immediate insolvency China Aviation Oil (Singapore) Corp (CAO) has ... the company into liquidation. Under the terms of a statutory demand filed by Standard Bank in the Singapore courts two weeks ago, the company had until yesterday to repay US$14.4 million ...

  3. Optimism in the air as US aviation officials start talks

    Posted Feb 04th 2004, 12:00am by Joseph Lo

    ... Department and the Department of Transport met their counterparts from the General Administration for Civil Aviation of China (CAAC) in Beijing for a half-day session yesterday morning, where both ... of international air services on the mainland. In the past year, it has signed open skies-style pacts with a number of countries, including Singapore, Australia, Japan and Thailand. The CAAC's ...

  4. Regulator backs bid to bail out cao

    Posted Dec 16th 2004, 12:00am by Elaine Chan

    ... the Singapore government's investigation and demanded that China Aviation Oil (Singapore) Corp (CAO) give its full co-operation. The regulator's statement came after an apparent retreat from ... Elaine Chan China's powerful state assets regulator has given assurances that China Aviation Oil Holding is working to find strategic investors and implement a debt restructuring plan ...

  5. Party line maintains that it's business as usual

    Posted Dec 10th 2004, 12:00am by Elaine Chan

    ... Elaine Chan The Communist Party secretary of CAO parent China Aviation Oil Holding (CAOH), Hai Liancheng, told Xinhua its Singaporean subsidiary was operating 'normally' and the scandal would not disrupt aviation fuel supplies. 'The debt of the Singapore company will not affect CAOH. However, the Singapore company is an important subsidiary of CAOH and a key platform ...

  6. Singapore awaits return of top CAO executive

    Posted Dec 06th 2004, 12:00am by Michael Dwyer

    ... Michael Dwyer in Singapore Singapore authorities are hoping Chen Jiulin, the suspended chief executive of China Aviation Oil (Singapore) Corp (CAO), will return to the city this week ... government-owned parent in Beijing, China Aviation Oil Holding (CAOH), stating that Mr Chen was no longer in China. But CAO officials in Singapore yesterday said they believed Mr Chen was still in China. ...

  7. Jet fuel handler expands mainland control

    Posted Feb 06th 2004, 12:00am by Annette Chiu

    ... China's sole jet fuel supplier through its 75 per cent-held Singapore-listed arm. Jet fuel trading company China Aviation Oil (Singapore) will buy 24.5 per cent of South China Bluesky Aviation Oil ... The state-owned firm already owns 51 per cent of Bluesky through a subsidiary. A spokeswoman for China Aviation Oil (Singapore) said: 'We will be able to control the [jet refuelling] facility ...

  8. Singapore's poison-shrimp defence

    Posted Feb 06th 2004, 12:00am by Michael Richardson

    ... Singapore's airspace is also congested because it is a busy civilian aviation hub. Such factors, combined with erratic tropical weather conditions, are severe constraints. As a result, at least one ... Michael Richardson What does a Southeast Asian country do when it is small but has a big air force? In Singapore's case, it disperses its planes and, indeed, some of its ground forces ...

  9. China, Singapore start budget airline

    Posted Sep 15th 2004, 12:00am by Annette Chiu, Russell Barling

    ... Russell Barling and Annette Chiu Joint venture hopes to fly from Guangzhou hub in 2006 after Guangdong China Travel helps it clear regulatory hurdles A Sino-Singapore joint venture ... will be majority owned by Guangdong China Travel Service, with Singapore aircraft trader and retrofitting firm A-Sonic Aerospace, Hong Kong-owned China Xpress and a 'strategic foreign party' ...

  10. Cheap challenger to Singapore girl

    Posted Mar 20th 2004, 12:00am by Anna Healy Fenton

    ... has scant respect for aviation industry conventions. Since AirAsia started flying from Singapore and tiny Senai airport, 20km away in Malaysia's Johor state, the big boys have had new ... card list but the city's residents are warming to the Malaysian low-cost airline and its cheeky advertisements. The same is probably not the case for two of Singapore's state ...




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