Singapore Airlines (SIA) Group

After three painful years, SIA soars again with 76-year record-high earnings - THE EDGE SINGAPORE

Company in the news

After three painful years, SIA soars again with 76-year record-high earnings

SIA's earnings of $2.16 billion stands in stark contrast to losses of $962 million and $4.27 billion in the past two years.

Aviation & Engineering

Scoot reinstates remaining pre-pandemic Japan destinations; ups flight frequencies across network

In addition, Scoot will be increasing the frequencies of its flights across 11 destinations in its network.

Broker's Calls

CGS-CIMB lowers SIA’s TP to $5.75 as multiple risks potentially clouding strong revenue trend

CGS-CIMB Research analyst Raymond Yap has kept a “hold” rating on Singapore Airlines (SIA) with lowered TP to $5.75

Aviation & Engineering

How Singapore Airlines beat the pandemic and came out ahead

“If you were to pick airlines that would come out of this crisis, Singapore Airlines would definitely be one of them”
SIA: Not yet breaking even, but coming close - THE EDGE SINGAPORE

Aviation & Engineering

SIA: Not yet breaking even, but coming close

SIA has slashed its losses by 78% in FY2022 ended March and experienced its first profitable quarter. Is this a turnaround?

New appointments

Scoot appoints Leslie Thng as its new CEO to replace outgoing CEO Campbell Wilson

Wilson's last day at Scoot is June 15. He will subsequently join Air India as its new CEO.

Broker's Calls

SIAEC and SATS are UOBKH's preferred proxies to ride recovery of 'market weight' aviation sector

In his report, UOB Kay Hian's Roy Chen has kept his “buy” call on SATS and SIAEC and “hold” on SIA.

Aviation & Engineering

SIA sees significant increase in passenger demand for month of March

The group says it expects passenger capacity to reach 61% of its pre-Covid-19 levels by May.
DHL and SIA ink new agreement to expand partnership - THE EDGE SINGAPORE

Results

DHL and SIA ink new agreement to expand partnership

DHL Express has entered into a Crew and Maintenance agreement with Singapore Airlines to deploy five Boeing 777 freighters
SIA narrows losses to $837m in 1HFY2021 from $3.46b as passenger outlook improves  - THE EDGE SINGAPORE

Results

SIA narrows losses to $837m in 1HFY2021 from $3.46b as passenger outlook improves

SIA is still in the red for 1H21, but losses have narrowed to $837m from $3.46b.
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