|Bid||3.5000 x 0|
|Ask||3.5100 x 0|
|Day's range||3.5000 - 3.5500|
|52-week range||3.2000 - 9.4900|
|Beta (5Y monthly)||0.52|
|PE ratio (TTM)||N/A|
|Earnings date||06 Nov 2020|
|Forward dividend & yield||0.21 (5.95%)|
|Ex-dividend date||14 Nov 2019|
|1y target est||10.78|
Singapore Airlines is planning so-called flights to nowhere -- trips that start and end at the same airport -- in an attempt to boost its grounded passenger business, the ST reported, citing unidentified people.
Singapore Airlines Group said Thursday it will eliminate 4,300 jobs due to the “long road to recovery" for the global aviation industry battered by the coronavirus pandemic. The group said in a statement it will cut the positions across Singapore Airlines, regional arm SilkAir and budget unit Scoot. After taking into account a recruitment freeze, natural attrition and the take up of voluntary departure schemes, it said the actual number of laid off staff will be only about 2,400 in Singapore and overseas.
Singapore Airlines Ltd <SIAL.SI> said on Thursday it would cut 4,300 positions, or around 20% of its staff, due to the debilitating impact of the coronavirus pandemic on demand in the largest job losses in its history. The airline said after taking into account a recruitment freeze, natural attrition and voluntary departure schemes, the potential number of staff affected would be reduced to around 2,400 in Singapore and overseas. The airline has no domestic network and is wholly dependent on international demand at a time when many borders remain effectively closed.