|Bid||9.16 x 0|
|Ask||9.17 x 0|
|Day's range||9.09 - 9.18|
|52-week range||9.09 - 11.84|
|Beta (3Y monthly)||0.44|
|PE ratio (TTM)||15.98|
|Earnings date||24 Jul 2019 - 29 Jul 2019|
|Forward dividend & yield||0.38 (3.93%)|
|1y target est||10.78|
Singapore Airlines said Thursday its net profit for the last financial year nearly halved as fuel costs surged, but reported its highest ever full-year revenues. Revenue for the financial year ended March totalled Sg$16.3 billion ($12 billion), but annual net profit tumbled 47.5 percent to Sg$683 million, the airline said in a filing with the Singapore Exchange. Fuel expenditure climbed 17.6 percent, or Sg$688 million, as jet fuel prices rose by an average 21.6 percent during the year, the airline said.
So, now we know. US importers that bring Chinese-made goods into America must pay a tariff of 25% on some US$200 billion worth of items, rather than just 10%. China is unlikely to take this lying down. It has threatened to retaliate. We wait with bated breath. Staying in America, retail sales for April could provide […]
BHUBANESHWAR, India/NEW DELHI, May 2 (Reuters) - India has accelerated efforts to evacuate more than a million people along its northeast coastline as a cyclone intensifies ahead of landfall on Friday, with thousand of villagers piling household possessions on to trucks before fleeing their homes. "We are maximizing efforts at all levels for evacuation," Odisha's Special Relief Commissioner Bishnupada Sethi told Reuters. Fani was generating maximum sustained winds of 170-180 km (105-111 miles) per hour, the state-run India Meteorological Department (IMD) said.
Qantas Airways Ltd, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia's aviation regulator to agree to unprecedented duty times. Airbus SE and Boeing Co say their aircraft are ready, with only details like seat configuration left to hammer out, Qantas chief executive Alan Joyce said. "We don't have the ability to do that length of duty today so you do need to negotiate that and get the regulator comfortable with it," Joyce told Reuters in a phone interview.
SINGAPORE (April 30): Singapore Airlines (SIA) and SATS Ltd have agreed to renew a suite of aviation services contracts for the next five years as part of their bid to strengthen Singapore’s overall competitiveness as a hub. For the next five years starting from April 1, SIA and SilkAir contracts will have a five-year tenure with the option to extend for another five years. It encompasses inflight catering and cabin handling, passenger and ramp handling, cargo handling, aircraft interior cleaning, aviation security and laundry services.
Boeing Co said an alert for angle-of-attack (AOA) sensors on its 737 MAX jets was "not activated as intended" for some customers, responding to reports it failed to tell Southwest Airlines Co and the U.S regulator that the optional feature was deactivated before a crash in Indonesia in October. Erroneous AOA sensor readings that led to aggressive nose-down inputs by a computer have been linked to deadly 737 MAX crashes in Indonesia and Ethiopia, according to preliminary reports from investigators.
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.