|Bid||9.83 x 0|
|Ask||9.87 x 0|
|Day's range||9.73 - 9.88|
|52-week range||9.14 - 11.84|
|Beta (3Y monthly)||0.48|
|PE ratio (TTM)||33.16|
|Earnings date||16 May 2019|
|Forward dividend & yield||0.38 (3.93%)|
|1y target est||10.78|
SINGAPORE, Apr 17, 2019 - (Media OutReach) - Singapore Airlines has partnered with Adyen, the payments platform of choice for many of the world's leading companies, to ensure a frictionless payments experience for customers when they book online or in-app. Working with Adyen, Singapore Airlines has enjoyed an increase in authorization rates, flexibility on fraud risk management and richer data insights, resulting in a more seamless payment experience for its customers across the globe. In line with Singapore Airlines' vision to be the world's leading digital airline, the partnership will center on Adyen's solutions to optimize the payments process.
Rolls-Royce has agreed to an early inspection of some Trent 1000 TEN engines by regulatory authorities, a week after Singapore Airlines Ltd grounded two Boeing Co 787-10 jets fitted with the units. According to Rolls-Royce, by late February 35 787s had been grounded globally due to engine blades corroding or cracking prematurely. "This blade deterioration is a known issue but it is occurring faster than we expected on some engines," Chris Cholerton, Rolls-Royce President for Civil Aerospace, said on Wednesday.
SINGAPORE/NEW DELHI, April 9 (Reuters) - In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them there was a plan to rescue the debt-laden carrier so it could pay them, sources familiar with the matter said. The idea was to shore up confidence in one of India's biggest brands, squeezed by low fares and high costs. At one point, the airline's usually jovial founder and chairman, Naresh Goyal, banged his fist on a table, jarring some of the lessors who had flown to Mumbai from Dublin, Singapore and Dubai, said one person who attended the discussions.
Singapore Airlines has grounded two of its Boeing 787-10 aircraft due to engine issues, the carrier said Tuesday. Singapore Airlines said it was consulting engine manufacturer Rolls-Royce and the relevant authorities for next steps and any precautionary measures. Like many other places, Singapore has grounded Boeing 737 Max aircraft following two fatal crashes of Max 8 planes, in Indonesia in October and in Ethiopia last month.
Shares of UK-listed exporters rose on Tuesday, lifting the FTSE index, as sterling weakened after parliament failed to find majority support for an alternative path to Theresa May's Brexit withdrawal deal. The more domestically focussed FTSE 250 gave up gains and was virtually flat as weakness in the local currency weighed. The FTSE 250 had opened higher, in a rare break from moving in tandem with sterling and another sign that Brexit uncertainty is upending conventional trading strategies.
European shares hit their highest in half a year on Tuesday, buoyed by autos and insurance stocks and gains among export-heavy London stocks as Brexit uncertainty weakened the pound. "The FTSE has been the big outperformer today, as fears over a no-deal Brexit drag the pound lower," Joshua Mahony, Senior Market Analyst at IG, wrote in a note.
Singapore Airlines said Tuesday it had grounded two of its Boeing 787-10 Dreamliner aircraft after discovering an engine defect during inspections, the latest problem for the US planemaker. The city-state's flag carrier was the launch customer for the model -- which has a maximum capacity of 330 passengers -- and started operating them last year. Boeing's 737 MAX planes were grounded globally last month following the second of two deadly crashes to occur in less than five months.
Singapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines after checks of its fleet found premature blade deterioration. The jets have been removed from service pending engine replacement, the airline said in a statement.
Singapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines after checks of its fleet found premature blade deterioration. The jets have been removed from service pending engine replacements, the airline said in a statement. The Trent 1000 TEN is the latest version of an engine that has had a problematic entry into service.
Hong Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a "unique market segment" it does not capture at present, Chief Executive Rupert Hogg said on Monday. Cathay this month said it was in "active discussions" to acquire the airline controlled by HNA Group Co Ltd.