- Singapore Business Review•4 days ago
In case the airline does not appeal the European Commission’s fine. Singapore Airlines (SIA) on Monday announced that its cargo arm may make a financial provision of S$111.8m for FY17 as a result of a EUR74.8m (S$113m) fine imposed by the European Commission (EC), according to OCBC. After having this 2010 decision voided by Europe's second highest court in 2015 due to a procedural error, the EC last Friday re-imposed a total of EUR776m (S$1.2b) penalties on SIA and 10 other airlines for an air cargo cartel that happened more than 10 years ago, noted OCBC.
- Singapore Business Review•5 days ago
According to UOB Kay Hian, SIA’s pax load factor rose 2ppt year-on-year (yoy) in Jan-Feb 17 whilst cargo loads also improved. Strong load factors hold scope for upward earnings revisions, especially if the trend of improving loads continues into March. The region accounts for 22% of Singapore Airlines’ (SIA) seat capacity in km-terms and part of the decline in loads could be due to directional imbalance between inbound and outbound travel.
- IANS•12 days ago
A codeshare agreement allows two airlines to sell seats on each others' flights in order to provide passengers with a wider choice of destinations. Vistara is a New Delhi-based joint venture between Tata Sons and SIA.
C6L.SI: Summary for SIA - Yahoo Finance
Singapore Airlines Limited (C6L.SI)
SES - SES Delayed Price. Currency in SGD
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|Day's range||9.98 - 10.05|
|52-week range||9.60 - 11.67|
|PE ratio (TTM)||16.45|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|