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Aviation & Engineering
SIA faces its biggest challenge in Covid-19; investors will need a strong stomach
Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had impacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global financia
May 22, 2020
Covid-19
Decade-low SIA share price can rebound on containment of coronavirus
SINGAPORE (Feb 7): Amid the increasing spread of the novel coronavirus, shares of Singapore Airlines (SIA) are trading at a decade-low. The national flag carrier fell 5.4% year-to-date to close at $8.55 on Feb 4, or 14.6 and 0.9 times earnings and book va
February 07, 2020
Results
SIA 2Q revenue and earnings up despite mixed performances across group
SINGAPORE (Nov 5): Singapore Airlines saw earnings of $94.5 million for 2Q20 ended Sept 30, 70% higher compared to a year ago.
November 05, 2019
Global Markets
Briefs
SINGAPORE (Aug 5): “If you want marines to drive away the Chinese fishermen, not one of them will come home alive.” — Philippine President Rodrigo Duterte, defending his agreement with China to allow Chinese fishermen to operate in the West Philippi
August 02, 2019
Results
SIA posts 20.7% fall in 1Q earnings to $111 mil on higher losses from Virgin Australia
SINGAPORE (July 31): SIA Group reported earnings of $111.1 million for 1Q19/20 ended June, 20.7% lower than a year ago.
August 01, 2019
Results
SIA posts 28% fall in 4Q earnings to $203 mil on weaker operating performance, SilkAir’s restructuring
SINGAPORE (May 16): SIA Group reported full-year earnings of $683 million, down 47.5% from $1.3 billion a year ago, primarily due to the lower operating profit and higher non-operating costs.
May 16, 2019
Broker's Calls
Weak PLF at SIA Cargo and Scoot likely to dampen Singapore Air's 3Q results
SINGAPORE (Jan 17): UOB is maintaining its “hold” recommendation on Singapore Airlines (SIA) with a lower target price of $10.20, from $10.40 previously. The research house’s suggested entry level is $9.00.
January 17, 2019
Aviation & Engineering
SIA group passenger load factor up 0.3ppt to 85% in Dec 2018
SINGAPORE (Jan 15): The overall passenger load factor (PLF) of airlines under Singapore Airlines (SIA) group concluded at 85% in December 2018 – up 0.3 percentage points (ppt) from 84.7% a year ago as well as outpacing capacity injection of 6.8% in term
January 15, 2019
Scoot commences sale of Singapore-Laos flights
SINGAPORE (Jan 10): Scoot, the low-cost arm of the Singapore Airlines Group, today announced the launch of sales for its direct Singapore-Laos flights with a limited period promotion.
January 10, 2019
Broker's Calls
SIA Engineering raised to 'buy' by UOB on growing line maintenance business, troublesome Trent engine
SINGAPORE (Jan 7): UOB KayHian is upgrading SIA Engineering (SIAEC) to “buy” with a target price of $2.70, saying the stock should outperform this year after seeing an excessive 28% slump last year.
January 07, 2019