SINGAPORE (Sept 13): UOB Kay Hian is maintaining its “buy” call on SATS with a target price of $5.40 as Changi International manages to win back Qantas.
Australia’s flagship carrier announced that from next March, it will shift its transit hub from Dubai to Singapore for its kangaroo routes, with the Sydney-London services transiting out of Singapore.
See: Qantas reroutes Sydney-London A380 flights via Singapore to meet strong Asia demand
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