Goh Choon Phong

SIA share price shrugs off largest ever full-year net loss of $4.27 bil - THE EDGE SINGAPORE

Company in the news

SIA share price shrugs off largest ever full-year net loss of $4.27 bil

This was the airline’s second full-year loss since its FY2020 net loss of $212 million.
Singapore Airlines launches and prices $500 mil in 3.5% notes due 2030 - THE EDGE SINGAPORE

Aviation & Engineering

Singapore Airlines launches and prices $500 mil in 3.5% notes due 2030

Since the beginning of the FY2020/2021, SIA has raised some $12.7 billion in additional liquidity.
Singapore Airlines seeks liquidity after suffering record loss - THE EDGE SINGAPORE

Aviation & Engineering

Singapore Airlines seeks liquidity after suffering record loss

Cash burn has fallen to about $300 million a month from about $350 million in the three months to July, says SIA's CFO.

Aviation & Engineering

SIA group to cut around 2,400 staff, CEO Goh says decision was 'hardest and most agonising'

Industry groups have forecast that passenger traffic will not return to previous levels till 2024.

Aviation & Engineering

SIA sees results of digital transformation as journey reaches last leg

SINGAPORE (Nov 11): Under CEO Goh Choon Phong, Singapore Airlines has embarked on — and is nearing the end of — a three-year digital transformation journey that has left “no stone unturned”. There are some promising ventures on the horizon, but as

Aviation & Engineering

Singapore Air offers unpaid leave to crew in cost-cutting review

SINGAPORE (Aug 4): Singapore Airlines is offering three months of voluntary unpaid leave to cabin crew as it seeks to cut costs amid rising competition in the region.

Singapore Airlines job cuts on the horizon

SINGAPORE / CANCUN (June 7): Singapore Airlines said jobs are likely to be cut as part of a business review Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss.

In print this week

Singapore Airlines seeks ‘radical’ transformation for growth

SINGAPORE (May 26): Singapore Airlines today is markedly different from what it was a decade ago. It has started budget operations, set up an overseas venture — Vistara in India — and gone into related businesses, such as setting up a pilot training c

Broker's Calls

UOB has SIA on ‘hold’ with latter still working on strategy to stem losses

SINGAPORE (May 22): UOB Kay Hian is maintaining its “hold” call on Singapore Airlines (SIA), suggesting investors enter at $9.00 with a revised target price of $10.00, down from $10.10.

Aviation & Engineering

Singapore Airlines revamps business amid unyielding competition

SINGAPORE (May 19): Singapore’s national carrier is embarking on a “radical” transformation of its operations.
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