cargo

Aviation

Desperate airlines switch passengers for cargo to stay alive

(Mar 26): Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Kore

Broker's Calls

OCBC slashes estimates for SIA after weaker 1Q results

SINGAPORE (July 30): OCBC Investment Research is maintaining its “hold” call on Singapore Airlines (SIA) with a lower fair value of $11.01 on falling cargo load factor (CLF) and implementation of n

Startups • Entrepreneurs • Digital economy

Grab commuters can now shop and collect freebies with a new in-car service, Grab&Go

SINGAPORE (June 4): Ride-hailing firm Grab has launched its in-car sampling and retail passenger experience, Grab&Go, in partnership with New York-headquartered mobile marketplace operator Carg

Broker's Calls

The winds of fortune remain fickle for Singapore’s aviation players

SINGAPORE (April 5): UOB Kay Hian is maintaining Singapore’s aviation sector at “market weight” after observing a decline in flight movements in recent months, which suggest varying fortunes for bo

Broker's Calls

Don’t be too heartened by SIA’s fuel hedging move yet, say analysts

SINGAPORE (Feb 9): UOB Kay Hian maintains its “hold” rating in Singapore Airlines (SIA) while raising its target price on the stock to $10.40 from $10.10 previously, following the release of the ca

Broker's Calls

SIA met earnings forecast so why aren’t analysts more upbeat about the stock?

SINGAPORE (Feb 8): Singapore Airlines’ core earnings for 3Q17 rose 12% y-o-y to $256 million, after excluding a $79 million impairment charge on the value of the Tigerair brand arising from the mer

Broker's Calls

Time to play the waiting game on SATS

SINGAPORE (Aug 30): OCBC Investment Research is keeping its “hold” call on SATS and raising its fair value to $4.70 from $4.20 previously, based on the group’s current lofty valuations.   

SATS wins tender to build and operate Saudi cargo terminal

SINGAPORE (Aug 22): Ground handling and inflight catering service provider SATS has been awarded a tender to build and operate a cargo terminal within Saudi Arabia’s new cargo village in Dammam, wh

Fasten your seatbelts, SIA shareholders

SINGAPORE (Aug 2): OCBC is downgrading its “buy” call on Singapore Airlines (SIA) to “hold” with a lower fair value of $11.56 from $12 previously, anticipating a challenging outlook on weakening yi

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