Singapore Airlines (SIA)

Aviation & Engineering

SIA and Cathay sign MOU to collaborate on sustainability initiatives

The MOU was signed by SIA CEO Goh Choon Phong and Cathay CEO Ronald Lam in Dubai.
SIA inks MOU with Saudi Arabia’s Riyadh Air - THE EDGE SINGAPORE

Aviation & Engineering

SIA inks MOU with Saudi Arabia’s Riyadh Air

Singapore Airlines has signed a MOU with Saudi Arabia's newest flag carrier, Riyadh Air.
Singapore Airlines changes seatbelt rules after fatal turbulence - THE EDGE SINGAPORE

Aviation & Engineering

Singapore Airlines changes seatbelt rules after fatal turbulence

Airlines are unlikely to mandate seatbelts at all times on every flight, say experts.

Aviation & Engineering

SIA Group announces $30 mil foundation to support students in need, local aviation sector

The foundation is expected to launch with two programmes: the Youth Uplift Programme and the Youth Outreach Programme.

Broker's Calls

Analysts keep ‘hold’ on SIA following FY2024 results

Performance is decent but moderating, and SIA’s best days are likely behind it for now, say analysts from DBS, OCBC and UOBKH.

New appointments

SIA promotes Scoot CEO to executive vice president

Thng, 50, joined SIA in 1999. He was formerly the CEO of SilkAir and later, Vistara.
SIA’s 2HFY2024 earnings up just 0.3% y-o-y; ends full year at a record - THE EDGE SINGAPORE

Results

SIA’s 2HFY2024 earnings up just 0.3% y-o-y; ends full year at a record

Singapore Airlines group has reported record earnings of $2.68 billion for its FY2023/2024, translating to an EPS of 61.4 cents.

Singapore news

DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024

This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.

Broker's Calls

CGS lowers SIA’s TP as FY2025 patmi could see ‘pressure’ from rising yield competition

Analyst Raymond Yap expects the airline to post a “good” core net profit of $550 mil for 4QFY2024.

Aviation & Engineering

SIA posts 13.9% y-o-y passenger traffic growth in March operating update

SIA and Scoot posted monthly passenger load factors of 86.3% and 93.1%, respectively
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