• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Investing

    Posted By maria gbaf

    Posted on November 17, 2021

    Featured image for article about Investing

    By Joseph Campbell

    SINGAPORE (Reuters) -Singapore Airlines Ltd expects to resume Boeing Co 737 MAX flights before the end of the year, a senior executive said on Tuesday, in a positive sign for the model’s return in Asia.

    The city-state’s aviation regulator approved 737 MAX flights in September, more than two years after they were grounded following two deadly crashes.

    But Singapore Airlines has not returned them to service yet because it needs the green light from other countries to fly the 737 MAX in their airspace and land the plane.

    “We certainly hope it will be as soon as possible,” Singapore Airlines Executive Vice President Commercial Lee Lik Hsin told reporters of the planned return. “We definitely expect that it will be before this year is out.”

    India, Malaysia, Australia and Japan are among other Asian countries that have approved the plane’s return to service, while China and Indonesia are among those that have not.

    China’s aviation regulator, however, has told airlines it is satisfied that design changes could resolve safety problems, Reuters reported on Sunday https://www.reuters.com/business/aerospace-defense/china-satisfied-with-boeing-737-max-changes-seeks-industry-feedback-document-2021-11-14, signalling it is closer to lifting the ban.

    Boeing Chief Executive David Calhoun said last month the company was working toward gaining Chinese approvals by the end of the year.

    Singapore Airlines has six 737 MAX planes in its fleet and another 31 on order to be used for flights around Asia.

    The initial six planes were previously flown by regional brand SilkAir, which has since been folded into the more premium parent airline.

    Singapore Airlines unveiled on Tuesday new lie-flat seats in the 737 MAX business class – a rarity for a narrowbody plane – as part of a S$230 million ($169.94 million) investment in cabin products.

    It has also installed in-flight entertainment systems in economy class, helping to distinguish the experience from low-cost arm Scoot.

    All 37 planes will feature the new product, Lee said.

    Singapore Airlines said on Friday it expected to receive eight more 737 MAX planes by March 31, 2022, though only one of them would enter service by that date.

    ($1 = 1.3534 Singapore dollars)

    (Reporting by Joseph Campbell; Writing by Jamie Freed; Editing by Muralikumar Anantharaman and Gerry Doyle)

    By Joseph Campbell

    SINGAPORE (Reuters) -Singapore Airlines Ltd expects to resume Boeing Co 737 MAX flights before the end of the year, a senior executive said on Tuesday, in a positive sign for the model’s return in Asia.

    The city-state’s aviation regulator approved 737 MAX flights in September, more than two years after they were grounded following two deadly crashes.

    But Singapore Airlines has not returned them to service yet because it needs the green light from other countries to fly the 737 MAX in their airspace and land the plane.

    “We certainly hope it will be as soon as possible,” Singapore Airlines Executive Vice President Commercial Lee Lik Hsin told reporters of the planned return. “We definitely expect that it will be before this year is out.”

    India, Malaysia, Australia and Japan are among other Asian countries that have approved the plane’s return to service, while China and Indonesia are among those that have not.

    China’s aviation regulator, however, has told airlines it is satisfied that design changes could resolve safety problems, Reuters reported on Sunday https://www.reuters.com/business/aerospace-defense/china-satisfied-with-boeing-737-max-changes-seeks-industry-feedback-document-2021-11-14, signalling it is closer to lifting the ban.

    Boeing Chief Executive David Calhoun said last month the company was working toward gaining Chinese approvals by the end of the year.

    Singapore Airlines has six 737 MAX planes in its fleet and another 31 on order to be used for flights around Asia.

    The initial six planes were previously flown by regional brand SilkAir, which has since been folded into the more premium parent airline.

    Singapore Airlines unveiled on Tuesday new lie-flat seats in the 737 MAX business class – a rarity for a narrowbody plane – as part of a S$230 million ($169.94 million) investment in cabin products.

    It has also installed in-flight entertainment systems in economy class, helping to distinguish the experience from low-cost arm Scoot.

    All 37 planes will feature the new product, Lee said.

    Singapore Airlines said on Friday it expected to receive eight more 737 MAX planes by March 31, 2022, though only one of them would enter service by that date.

    ($1 = 1.3534 Singapore dollars)

    (Reporting by Joseph Campbell; Writing by Jamie Freed; Editing by Muralikumar Anantharaman and Gerry Doyle)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe