Scoot

CoVid-19

Decade-low SIA share price can rebound on containment of coronavirus

SINGAPORE (Feb 7): Amid the increasing spread of the novel coronavirus, shares of Singapore Airlines (SIA) are trading at a decade-low.

Results

SIA 2Q revenue and earnings up despite mixed performances across group

SINGAPORE (Nov 5): Singapore Airlines saw earnings of $94.5 million for 2Q20 ended Sept 30, 70% higher compared to a year ago.

Global Markets

Briefs

SINGAPORE (Aug 5): “If you want marines to drive away the Chinese fishermen, not one of them will come home alive.”Philippine President Rodrigo Duterte, def

Results

SIA posts 20.7% fall in 1Q earnings to $111 mil on higher losses from Virgin Australia

SINGAPORE (July 31): SIA Group reported earnings of $111.1 million for 1Q19/20 ended June, 20.7% lower than a year ago.

Results

SIA posts 28% fall in 4Q earnings to $203 mil on weaker operating performance, SilkAir’s restructuring

SINGAPORE (May 16): SIA Group reported full-year earnings of $683 million, down 47.5% from $1.3 billion a year ago, primarily due to the lower operating profit and higher non-operating costs.

Broker's Calls

Weak PLF at SIA Cargo and Scoot likely to dampen Singapore Air's 3Q results

SINGAPORE (Jan 17): UOB is maintaining its “hold” recommendation on Singapore Airlines (SIA) with a lower target price of $10.20, from $10.40 previously.

Aviation

SIA group passenger load factor up 0.3ppt to 85% in Dec 2018

SINGAPORE (Jan 15): The overall passenger load factor (PLF) of airlines under Singapore Airlines (SIA) group concluded at 85% in December 2018 – up 0.3 percentage points (ppt) from 84.7% a year ago

Scoot commences sale of Singapore-Laos flights

SINGAPORE (Jan 10): Scoot, the low-cost arm of the Singapore Airlines Group, today announced the launch of sales for its direct Singapore-Laos flights with a limited period promotion.

Broker's Calls

SIA Engineering raised to 'buy' by UOB on growing line maintenance business, troublesome Trent engine

SINGAPORE (Jan 7): UOB KayHian is upgrading SIA Engineering (SIAEC) to “buy” with a target price of $2.70, saying the stock should outperform this year after seeing an excessive 28% slump last year

Aviation

Singapore Airlines announces plans to shuffle routes ahead of SilkAir merger

SINGAPORE (Nov 22): Singapore Airlines (SIA) says its low-cost carrier, Scoot, will be taking over a number of SilkAir’s routes over the next two years – as well as transferring some of its service

Be informed of the stories that matter