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SIA to face stronger headwinds

Benjamin Cher
Benjamin Cher9/23/2016 03:02 PM GMT+08  • 2 min read
SIA to face stronger headwinds
SINGAPORE (Sept 23): OCBC Investment Research is maintaining its “hold” call on SIA and lowering its fair value to $10.80 from $11.56.
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SINGAPORE (Sept 23): OCBC Investment Research is maintaining its “hold” call on SIA and lowering its fair value to $10.80 from $11.56.

This comes on the back of fall in passenger load factors and fallout from the ZIka virus outbreak in Singapore.

In August, SIA saw a drop in passenger load factor (PLF) as passenger capacity outpaced passenger traffic.

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