Welcome!
Singapore Airlines (SIA)
Aviation & Engineering
SIA to adjust conversion prices of 1.625% convertible bonds due 2025 after interim dividend
Shares in SIA closed 6 cents higher or 0.96% up at $6.29 on Nov 26.
2 days ago
Results
SIA’s 1HFY2024/2025 earnings down 48.5% y-o-y to $742 mil, maintains interim dividend of 10 cents per share
Expenditure grew 14.4% y-o-y to $8.7 billion, driven by a 19.6% increase in net fuel cost and a 12.1% increase in non-fuel expenditure.
20 days ago
Tong's Portfolio
MAS versus SIA — the truth is painful, but you cannot have a successful solution without an honest assessment
The history of MAS has proven that private-sector ownership does not necessarily always do better than the government.
27 days ago
Aviation & Engineering
Air India and Singapore Airlines partnership strengthened through 51 new codeshare destinations
This marks the first extensive expansion of codeshare arrangements between the airlines since 2010, offering customers enhanced travel options between Singapore and India.
October 23, 2024
Aviation & Engineering
Embraer planes soar in Southeast Asia skies
Embraer's VP of marketing Adam Young says that the company is a market leader in commercial aircraft of up to 150 seats, with an around 30% market share.
October 03, 2024
Broker's Calls
OCBC downgrades SIA to ‘hold’ with unchanged FV of $6.84 on ‘less attractive’ risk-reward
sSnce Aug 5, SIA’s share price has retraced 10.8%, after correcting close to 15% ex-dividend in its post-1QFY2025 update.
September 19, 2024
Broker's Calls
Citi unchanged on SIA, keeps ‘neutral’ and TP of $6.76 following approved Air India merger
Upsides to SIA’s minority stake in Virgin Australia include dividend income and reduced traffic competition in Australia.
September 09, 2024
Broker's Calls
Maybank Securities sees need for SIA to invest further into Air India, keeps ‘hold’ at unchanged TP
Maybank's Ong notes that SIA is facing intense competition from other regional carriers, resulting in declining statistics.
September 02, 2024
Aviation & Engineering
SIA receives approval from Indian government for FDI into the enlarged Air India
The proposed merger is expected to take place by the end of 2024.
August 30, 2024
Aviation & Engineering
SIA Group’s passenger traffic up by 3.6% in July
Group passenger load factor (PLF) stood at 85.6% with SIA’s PLF of 84.7% in July and Scoot’s PLF of 88.9%.
August 15, 2024