Changi airport breaks ground on Terminal 5
May 16, 2025
Singapore Changi airport has broken ground on its mammoth fifth terminal, the first phase of which will open in 2030 that will consolidate all operations of the Singapore Airlines Group. Terminal 5, which is located in the Changi East precinct, will initially have capacity to handle around 50 million passengers per year, with capacity to expand in phases in line with traffic growth. "Our vision is for T5 to be mega yet cosy, a terminal that embraces the Changi DNA – delivering a personalised, stress free and positively surprising airport experience. As a new gateway to Singapore, T5 offers new possibilities and will bring new surprises.," says Changi Airport Group chief executive Yam Kum Weng. Changi airport says that facility "will be designed with the flexibility to operate as smaller sub-terminals when needed", such as when there may be a need to segregate high-risk passengers. T5 will be linked to the four other terminals at Changi, and will also have extensive ground transport links, including the possibility of sea connectivity to nearby ferry destinations. Singapore's then-prime minister Lee Hsien Loong announced the plans to build T5 in 2013, and earthworks at the site commenced the year after. With the onset of the Covid-19 pandemic in 2020 however the decision was made to pause the project, and work resumed in 2024. Design work is being led by a consortium led by KPF Associates, in partnership with Heatherwick Studio and Architects61.
Qatar Airways to acquire 210 new Boeing widebodies
May 15, 2025
Qatar Airways has signed a $96 billion deal to acquire 210 Boeing 787 and 777X aircraft powered by GE Aerospace engines, according to a 14 May White House press release. "This is Boeing's largest-ever widebody order and largest-ever 787 order. This historic agreement will support 154,000 US jobs annually, totalling over 1 million jobs in the United States during the course of production and delivery of this deal," the White House says. In July 2024, Boeing revealed that Qatar Airways placed an order for 20 777-9s attributed to an undisclosed customer in data published by the airframer after the deal was finalised earlier that year. The order brought Qatar's firm orders for the 777X to 94. The Doha-based carrier has further outstanding Boeing orders for eight 787-9s, Cirium fleets data shows. With Airbus, it has orders for 50 A321neos and 18 A350-1000s. GE Aerospace chairman and chief executive Larry Culp says in a statement GE Aerospace shared with Cirium: "We are extremely honoured to deepen our relationship with Qatar Airways and grateful to them for placing their trust in us with our largest-ever widebody engine deal. Our widebody engines – the GE9X and GEnx – are marvels of modern engineering, with the durability and reliability to power flight across the longest distances. We appreciate President Trump's support for this historic agreement."
Gol merger talks 'continue on parallel fronts': Azul president
May 15, 2025
Azul's negotiations with the parent of Gol to merge with that Brazilian carrier are ongoing, Azul president Abhi Shah has indicated. Speaking on 14 May during an earnings call, Shah said that "the discussions continue" and are taking place on "many parallel fronts, including valuation, including antitrust, documentation, all those kinds of things". Gol parent Abra Group and Azul on 15 January signed a non-binding memorandum of understanding "with the intent to explore a combination of their businesses in Brazil", Abra and Brazil-based Azul said at the time. They added: "Upon consummation of such a transaction, Gol and Azul companies would be expected to keep their independent brands and operating certificates." In January 2024, Gol filed for Chapter 11 bankruptcy protection in the USA, and has targeted June 2025 for emergence from the reorganisation process. On 9 May 2025, Gol noted that confirmation of its reorganisation plan by the Chapter 11 court is expected to occur by the end of May 2025, and that verification of the plan's effective date is expected during the first half of June 2025. It adds that these dates are tentative and subject to change. Shah said on 14 May that Abra has "always made it clear that Gol was going to exit [Chapter 11] first" before it would finalise a merger deal, adding: "that was always part of the plan". Cirium has contacted Abra Group for comment. Speaking onstage at the ISTAT Americas conference in Phoenix on 3 March, Azul founder and chairman David Neeleman noted that Azul had received "good signals" from Brazilian competition authority CADE over its proposed merger with Gol. In May, Fitch downgraded long-term foreign and local currency issuer default ratings (IDRs) for Azul, citing its "inability to effectively improve liquidity". Azul chief executive John Rodgerson stated on 14 May that the carrier had "made significant progress in reducing our debt and leverage, and we remain in ongoing discussions with our partners to optimise our capital structure and liquidity position even further".