Money

Clipping the wings: SIA says goodbye to iconic A380

Published

4 years ago

October 20, 2021

Singapore Airlines is saying goodbye to several A380 superjumbo aircraft

Singapore Airlines has revealed that it’s cutting several Airbus A380 aircraft from its fleet, as it tries to bounce back from the financial impact caused by COVID.

Two of the iconic superjumbo’s have been spotted getting demolished in Singapore, another is set to be taken out of service.

According to Singapore Airlines, it will now take around two months to part out the aircraft, with the company’s maintenance department to now work to dismantle all of those aircraft and utilise parts on other in-service aircraft.

What will be salvaged and saved?

Some reusable aircraft parts such as landing gear and engines will be salvaged alongside internal components, which could be used as spare parts on the airline’s remaining A380 fleet.

This will allow the airline to save money in the future should a spare part be needed.

The aircraft parts will be put towards the Singapore Airlines Upcycling Project which launched earlier this year.

Upcycling is when a used part is turned into something of a higher value. Examples of this could be tin cans that are turned into airplane models or when an aircraft fuselage is turned into key tags.

Singapore Airlines scrapped its first A380s after just a decade of service.

How many aircraft in total will be taken out of service?

Singapore Airlines is scrapping a total of three aircraft at the Changi Exhibition Center.

The two standout aircraft are the Airbus A380s under registrations; 9V-SKG and 9V-SKH.

According to ch-aviation.com, the two jets are aged around 13 years.

Singapore Airlines scrapped its first A380s after just a decade of service.

Money

Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

Published

17 hours ago

January 13, 2026

Harvey Vargas

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.

Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.

Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.

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#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews

Money

Stocks hit record high as Powell faces investigation and Trump proposes credit cap

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

Published

18 hours ago

January 13, 2026

Harvey Vargas

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.

Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.

In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.

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#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures

Money

Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

Published

2 days ago

January 12, 2026

Harvey Vargas

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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#EarningsSeason
#InflationWatch
#StockMarket
#BigBanks
#TechStocks
#CorporateEarnings
#InvestingNews
#EconomicData