SINGAPORE (Jan 3): After an uninspiring 2017, Singapore Airlines (SIA) is expected to take to the skies in 2018.
Singapore’s flag carrier underperformed the benchmark Straits Times Index (STI) by 7 percentage points last year, amid persistent concerns over weak passenger yields due to rising competition.
“However, capacity growth is expected to abate in 2018, and with that, yields should improve,” says UOB Kay Hian analyst K Ajith in a report on Wednesday.
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