Home Capital Broker's Calls

Boeing 737 MAX grounding likely to have minimal impact on SIA – for now: CGS-CIMB

Stanislaus Jude Chan
Stanislaus Jude Chan3/19/2019 03:35 PM GMT+08  • 3 min read
Boeing 737 MAX grounding likely to have minimal impact on SIA – for now: CGS-CIMB
SINGAPORE (Mar 19): SilkAir, the regional wing of Singapore Airlines (SIA), has grounded six of its Boeing 737 MAX 8 jets following the crash of an Ethiopian Airlines flight last week – the second fatal accident involving the best-selling Boeing aircraf
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Mar 19): SilkAir, the regional wing of Singapore Airlines (SIA), has grounded six of its Boeing 737 MAX 8 jets following the crash of an Ethiopian Airlines flight last week – the second fatal accident involving the best-selling Boeing aircraft in less than five months.

But even as the B-737 MAX fleet accounts for some 16% of SilkAir’s total seat capacity, analysts say the net impact of their grounding – which is unlikely to be lifted until at least May this year – is nowhere that significant.


See: CAAS suspends Boeing 737 MAX operations out of Singapore

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now