Singapore Airlines (SIA)

Aviation

Cash call should keep SIA flying, but earnings to nosedive: CGS-CIMB

SINGAPORE (March 30): While the capital raising move backed by Temasek Holdings should strengthen Singapore Airlines (SIA) for the long haul, the flag carrier’s earnings will likely nosedive ahead,

Aviation

Global airlines raised more than US$17 bil from banks in weeks

(Mar 29): Airlines worldwide raised more than US$17 billion ($24.3 billion) in bank loans in March to shore up their finances amid the coronavirus outbreak.

Aviation

Temasek to lead $15 bil rescue of SIA

SINGAPORE (Mar 27): Singapore Airlines (SIA), facing unprecedented stress from the Covid-19 outbreak, plans to tap shareholders to raise $15 billion so that it can stay aloft, the

Aviation

Down but not out: Aviation workers take on temp public service roles amid suspension of flights

SINGAPORE (Mar 27): Steep cuts to airline operations amid the Covid-19 outbreak might have led to the grounding of thousands of workers in Singapore, but some employees at aviation firms here have

CoVid-19

Singapore Airlines to raise $15 bil via rights issue of new shares, mandatory convertible bonds

SINGAPORE (Mar 26): Singapore Airlines (SIA) has announced it is undertaking a renounceable rights issue of new shares in the company and mandatory convertible bonds (MCB) to raise up to $15 billio

Covid-19 Resilience Budget

SIA to be rescued via Temasek-backed 'corporate action': DPM Heng

SINGAPORE (March 26): Singapore Airlines will undertake a “corporate action” to weather through the turbulent aviation sector, which has been severely hit by the novel coronavirus (Covid-19) pandem

CoVid-19

Large airlines could have 'adequate liquidity' but weaker players may be pushed to default amid virus outbreak: Moody's

Singapore (Mar 23): Large airlines have adequate liquidity to manage through a fairly significant short-term disruption through June, and a continuing but more moderate disruption through the third

CoVid-19

SIA announces further capacity cuts amid 'greatest challenge' it has ever faced

SINGAPORE (Mar 23): Singapore Airlines (SIA) is grounding all but nine of the 147 aircraft under SIA and SilkAir, after more countries announced further tightening of border controls to curb the Co

Broker's Calls

SIA investors should brace for earnings, share price turbulence in short-term, warns CGS-CIMB

SINGAPORE (Mar 13): Since the beginning of the Covid-19 outbreak in Singapore, Singapore Airlines (SIA) has suffered a 22% plunge in share prices, tracking the broad-based decline in flight counts

CoVid-19

Singapore Airlines slashes flights as coronavirus sparks 'significant' challenges

(Feb 18): Singapore Airlines will cut more flights across its global network through May as the outbreak of the novel coronavirus discourages people from traveling.

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