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SilkAir
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.
December 15, 2016
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.
December 14, 2016
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.
November 21, 2016
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.
November 04, 2016
Singapore Airlines’ SilkAir and Scoot announce flights to new destinations
SINGAPORE (Oct 31): Singapore Airlines Group is spreading its wings even further.
October 31, 2016
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%.
October 17, 2016
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.
September 23, 2016
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.
September 07, 2016
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.
August 02, 2016
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
July 28, 2016