|Bid||9.21 x 0|
|Ask||9.21 x 0|
|Day's range||9.15 - 9.24|
|52-week range||8.65 - 10.23|
|Beta (3Y monthly)||0.26|
|PE ratio (TTM)||15.84|
|Earnings date||14 Feb 2020|
|Forward dividend & yield||0.30 (3.25%)|
|1y target est||10.78|
I don’t know about you, but I often confuse Singapore Airlines’ KrisShop with iShopChangi. They’re both duty-free shops, so I kind of just always assumed they’re the same. Well, they’re not. And they’re ...
Serving airlines that will operate flights lasting 14 hours or longer is a "key consideration" for Boeing Co's global growth strategy over the next 20 years, an executive said on Tuesday. "Globally, if long haul is growing 5% per year, ultra long haul is growing twice that per year," Darren Hulst, a managing director at Boeing, told Reuters in Sao Paulo while discussing market forecasts for the next 20 years. Commercial aviation overall is expected to grow 4.6% per year on average between 2019 and 2038, according to a Boeing market study released in September, representing a slight slowing from the previous pace of about 5%, according to figures compiled by the World Bank.
Malaysian budget carrier AirAsia Group Bhd said on Monday it would transfer two slots on its Kuala Lumpur-Singapore route, its most profitable, to long-haul sister airline AirAsia X Bhd, which has been struggling financially. The two daily return flights will help AirAsia X deploy its Airbus SE A330s for more hours of the day, allowing it to boost revenue, the carriers said. The services will also give passengers from China, India, Japan and Korea better connections from its Kuala Lumpur hub to Singapore.
SINGAPORE (Nov 11): Although Singapore Airlines (SIA) reported mixed performances across the group in 2Q20, analysts are still remaining positive on the stock. In its latest 2Q20 results, SIA’s earnings came in at $94.5 million, 70% higher y-o-y, mainly due to higher contributions from associates and joint ventures of $78 million only to be offset by higher finance charges of $28 million. The increase in SIA’s revenue was led by a growth in passenger loads, but this was offset by weaker cargo revenue and higher net fuel and other expenditure.
Hong Kong's Cathay Pacific Airways Ltd said on Friday it would allocate half of its order for 32 Airbus SE A321neos to its recently-acquired low-cost carrier HK Express as it looks to grow in the budget market. The flagship Hong Kong airline has taken a financial battering from a fall in demand due to months of sometimes violent pro-democracy protests in the Asian financial capital, and last month lowered its full-year profit guidance. Cathay plans to maintain its A321neo delivery schedule, with the first of the planes being delivered next year.
The cooperation between the carriers, which split out from Malaysia-Singapore Airlines in 1972, comes amid financial trouble at Malaysia Airlines. The deal provides for Singapore Airlines and its unit, SilkAir, to codeshare on 16 domestic locations with Malaysia Airlines, while allowing the former to codeshare on flights to Europe, South Africa, among other destinations. "Subject to regulatory approvals, the codeshare flights will be progressively made available for sale through the airlines’ respective booking channels in key markets," the carriers said in a joint statement.
Singapore Airlines and Malaysia Airlines finalised a wide-ranging agreement to codeshare on more routes between the southeast Asian neighbours and elsewhere, the companies said on Wednesday. The cooperation between the carriers, which split out from Malaysia-Singapore Airlines in 1972, comes amid financial trouble at Malaysia Airlines. The deal provides for Singapore Airlines and its unit, SilkAir, to codeshare on 16 domestic locations with Malaysia Airlines, while allowing the former to codeshare on flights to Europe, South Africa, among other destinations.
Investors eyeing the booming aviation sector may be wondering which company they should focus on. This comparison of three companies within the sector should help you decide.
While many investors prefer to flock to the safety of blue chip companies, here are three reasons such companies may not always be sure bets.
Singapore Airlines Limited (SGX: C6L) is one of the top airlines in the world. However, here are three disruptive events that could take a toll on the group’s revenue and earnings.
SINGAPORE (Sept 23): UOB KayHian is maintaining Singapore Airlines (SIA) at “hold” with an unchanged fair value of $9.50 and a suggested entry price of between $8.70 and $8.80.