SIA

Scoot and Tigerair logos

Scoot-Tigerair merger likely, but challenges ahead: CAPA

SINGAPORE (May 20): According to CAPA – Centre for Aviation, the recent creation of Budget Aviation Holdings has brought Singapore Airlines (SIA) one step closer to merging LCCs Scoot and Tigerair, paving the way for a smooth integration.

Broker's Calls

SIA kept on ‘hold’ by Maybank with lower $11.50 target price

SINGAPORE (May 18): Maybank Kim Eng has kept its “hold” recommendation on Singapore Airlines, but lowered its fair value estimate to $11.50 from $11.80 previously as FY16 fell below expectations.
SIA logo

Broker's Calls

Singapore Airlines kept at ‘buy’ by OCBC with lower $12 fair value

SINGAPORE (May 17): OCBC is maintaining its “buy” recommendation on Singapore Airlines (SIA) as improved fuel hedges and new aircraft lower unit cost at a time when yields are low.
SIA logo

Broker's Calls

SIA downgraded to ‘hold’ with $12.42 target by CIMB

SINGAPORE (May 13): CIMB is downgrading Singapore Airlines to “hold” from “add” as the group may struggle to deliver earnings growth in FY17 although FY16.
Singapore Airlines, SIA

Singapore Air getting squeezed by both luxury and budget rivals

SINGAPORE (May 13): Singapore Airlines Ltd is fighting to prevent travelers from switching to Emirates Airline, which is offering luxuries like on-board shower, while budget carriers are chipping away at the coach class. The result: The lowest yield from
Tail of SIA plane

SIA’s FY16 earnings more than double to $804 mil

SINGAPORE (May 12): Singapore Airlines saw its FY16 earnings soar to $804.4 million, from $367.9 million in the last financial year, as lower net fuel costs compensated for weaker yields.
SIA Engineering hangar

SIA Engineering’s FY16 earnings down 3.7% amid tough environment

SINGAPORE (May 10): Singapore Airlines subsidiary SIA Engineering Company, which does aircraft maintenance, repair, and overhaul (MRO), saw earnings for the FY16 ended March fall 3.7% to $176.6 million amid a “challenging” operating environment for th
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