FLC Group JSC’s new airline will operate 37 routes in the country after its inaugural flight in October.
The official investigation pointed to failings by air traffic controllers.
Consumer affluence and efforts to liberalise air traffic regulations will spur the growth of air travel.
The international pioneer in the aerospace industry has seen its presence in the region grow rapidly.
Airline loyalty and rewards programs, ticketing, and safety & maintenance as key areas that would benefit from blockchain technology.
Singapore Airlines earned 139 million dollars in the three months to the end of September compared to 48 million dollars in the same period last year.
SATS is a 70 year old company that provide services such as aviation security, perishables handling and terminal management.
The airline on Thursday unveiled its first major overhaul across cabin classes of its Airbus SE A380s since 2007.
Terminal 4, built at a cost of S$985 million (723 million dollars), will have an annual capacity of 16 million people.
Garuda aims to bring down its cost per available seat kilometre to 5.5 cents to six cents, from 6.7 cents currently.