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

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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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