|Bid||3.5700 x N/A|
|Ask||3.5800 x N/A|
|Day's range||3.5200 - 3.5900|
|52-week range||3.5000 - 4.2200|
|Beta (5Y monthly)||0.54|
|PE ratio (TTM)||19.89|
|Earnings date||12 Aug 2022|
|Forward dividend & yield||0.18 (5.03%)|
|Ex-dividend date||22 Aug 2022|
|1y target est||4.44|
Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as they would like, operators and maintenance providers say. A global squeeze on maintenance, repair and overhaul (MRO) capacity is one of the factors contributing to higher airfares for travellers, as demand has rebounded faster than aircraft can be made available and costs are rising. "Some suppliers are coming out with double-digit escalations and surcharges," said Mahesh Kumar, chief executive of Asia Digital Engineering, the maintenance arm of Malaysian budget carrier AirAsia.
Capital A Bhd, the parent of Malaysian budget airline AirAsia, said on Monday its Teleport cargo arm would add three Airbus SE A321 freighters to its fleet starting in the first quarter of 2023. The freighters would be leased from BBAM Limited Partnership, Capital A said in a statement. Teleport last year began operating its first freighter, a Boeing Co 737-800 based in Bangkok, as the parent company looked to diversify revenue and take advantage of a boom in e-commerce.
Singapore Technologies Engineering said on Thursday a consortium including the defense and engineering group's unit had been awarded a S$1.4-billion ($1.00 billion) contract for services to a metro line in Kaohsiung, Taiwan. The unit, Urban Solutions, will provide services including rail electronics solutions, designing an above-ground train depot, and will be responsible for the overall management of the project, the company said. The yellow line in the southern city of Kaohsiung is 22.8 kilometre long with 22 underground and one elevated station.