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aviation industry
Broker's Calls
OCBC increases SIA's target price to $7.18 with further near-term travel demand
OCBC's Ada Lim has, however, kept her "hold" call due to several factors.
June 06, 2023
Results
SATS reports loss of $26.5 mil for FY2022/2023 due to one-off merger and acquisition expenses
The group has declared no dividends for the period.
May 29, 2023
Results
SIA Group proposes final dividend of 28 cents per share after reporting record net profit in FY2022/2023
The group says it is “grateful to all customers, shareholders, partners, staff, and stakeholders for their continued support".
May 16, 2023
Aviation & Engineering
Asia Pacific airlines see 500% jump in international demand
Revenue passenger kilometres, which measure demand, surged nearly 500%, far ahead of the 187% growth in seat capacity.
January 13, 2023
Broker's Calls
SIAEC and SATS are UOBKH's preferred proxies to ride recovery of 'market weight' aviation sector
In his report, UOB Kay Hian's Roy Chen has kept his “buy” call on SATS and SIAEC and “hold” on SIA.
April 27, 2022
Covid-19
Airline industry asks WHO to back quarantine-free travel once passengers have received vaccines
IATA has begun discussions with airlines including SIA on the digital-travel pass aimed at getting people moving again.
January 28, 2021
Broker's Calls
Is 2021 the year the aviation sector sees a recovery?
Will the aviation industry fly towards a recovery this year?
January 18, 2021
Broker's Calls
Gloomy outlook for aviation sector, but vaccines could benefit SATS and ST Engineering: UOB Kay Hian
Singapore’s aviation sector still has dark clouds looming over it, but the race for a Covid-19 vaccine may benefit some companies.
September 15, 2020
Broker's Calls
JEP Holdings downgraded as Covid-19 cuts aviation industry's wings
PhillipCapital cuts JEP down to 'reduce' as the aviation industry cuts its wings amid Covid-19 travelling restrictions
August 24, 2020
Aviation & Engineering
About 400,000 jobs have been wiped out in the airline industry, and there’s worse to come
The aviation industry has suffered more than most as the pandemic destroys ticket sales and strips companies of cash.
July 24, 2020