SilkAir

Singapore Airlines (SIA)

SIA passenger load factor falls to 77% in Nov

SINGAPORE (Dec 15): Singapore Airlines says SIA Group passenger load factor (PLF) fell 1.8 percentage points to 77.2% in Nov 2016, compared to the same period last year.

Aviation & Engineering

SilkAir takes flight to Colombo

SINGAPORE (Dec 14): SilkAir, Singapore Airlines’ regional wing, will fly to Sri Lanka’s commercial capital of Colombo from Apr 2017, increasing its network to 53 destinations in 15 countries.

SilkAir starts Singapore-Fuzhou route

SINGAPORE (Nov 21): Singapore Airlines’ regional airline SilkAir has launched its new flight to Fuzhou, China, the eighth Chinese city in its route network after Changsha, Chengdu, Chongqing, Kunming, Shenzhen, Wuhan and Xiamen.

Broker's Calls

SIA's 2Q results offer investors cold comfort

SINGAPORE (Nov 4): The caution lights are flashing for SIA as Maybank Kim Eng and CIMB maintain a “hold” call with target prices of $9.70 and $10.47 respectively.
Scoot

Singapore Airlines’ SilkAir and Scoot announce flights to new destinations

SINGAPORE (Oct 31): Singapore Airlines Group is spreading its wings even further.
Singapore Airlines (SIA)

SIA Group’s passenger carriage up 0.1% in Sept

SINGAPORE (Oct 17): SIA Group’s passenger carriage (measured in revenue passenger kilometres) edged up by 0.1% y-o-y overall in September, against growth in capacity (measured in available seat kilometres) of 3.1%.

Broker's Calls

SIA to face stronger headwinds

SINGAPORE (Sept 23): OCBC Investment Research is maintaining its “hold” call on SIA and lowering its fair value to $10.80 from $11.56.

Aviation & Engineering

SilkAir announces direct charter flights to Okinawa

SINGAPORE (Sept 7): SilkAir, the regional wing of Singapore Airlines, has partnered the Okinawa Prefecture Government to announce 12 direct SilkAir charter flights between Singapore and Okinawa, which will run from Nov 2016 to Jan 2017.

Fasten your seatbelts, SIA shareholders

SINGAPORE (Aug 2): OCBC is downgrading its “buy” call on Singapore Airlines (SIA) to “hold” with a lower fair value of $11.56 from $12 previously, anticipating a challenging outlook on weakening yields for Singapore’s flag carrier.

Results

SIA posts strong 1Q earnings growth, but cautions challenges ahead

SINGAPORE (July 28): Singapore Airlines has reported a 180% surge in earnings, to $257 million, for the quarter ended June 30. This was largely due to cheaper fuel, and a share of the divestment gain from its aircraft maintenance, repair and overhaul subs
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