CGS-CIMB has downgraded Singapore Airlines’ call to “hold” from its previous “add” rating with a lowered target price of $3.55, on the back of higher than expected losses and dashed hopes of a quick recovery. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply