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Yield pressure could erode gains from Tiger-Scoot integration: OCBC

Aviation & Engineering

Yield pressure could erode gains from Tiger-Scoot integration: OCBC

Michelle Zhu Published on Tue, Jun 27, 2017 / 10:35 AM GMT+8

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SINGAPORE (June 27): OCBC Investment Research is maintaining its “hold” call on Singapore Airlines (SIA) with largely unchanged forecasts and a fair value estimate of $10.03.

This comes after its wholly-owned subsidiary, Budget Aviation Holdings (BAH), announced the merger of low-cost carriers (LCCs) Scoot and Tigerair to operate under a single air operator certificate (AOC), after which all flights and check-in counters will be branded Scoot.

(See also: Tigerair to fly under Scoot banner from July)

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