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Singapore Airlines (SIA)
Aviation & Engineering
Global airline profit estimate jumps to US$10 bil in 2023
Losses at Asian carriers though are expected to be US$6.9 billion in 2023, almost half 2022 estimates.
June 05, 2023
Broker's Calls
Analysts all upbeat on SIA as final dividend came as a ‘positive surprise’; UOB Kay Hian upgrades to ‘hold’
The analysts' target prices range from $5.75 to $6.80.
May 18, 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
SIA's group wide load factor at 88.3% in April, 15.6 percentage points higher y-o-y
The airline will be releasing its FY2023 results after trading hours on May 16.
May 15, 2023
Bonds and treasuries
SIA redeems half of aggregate MCBs issued in second tranche worth $3.1 bil
The total amount of around $3.4 billion will be paid to eligible bondholders on June 26.
May 10, 2023
Broker's Calls
Brokers' Digest: Singapore Airlines, Wilmar, Sembcorp Industries, Dyna-Mac Holdings, Credit Bureau Asia
See what the analysts have to say this week.
April 23, 2023
Broker's Calls
Citi Research upgrades SIA to 'buy' from 'sell' after stronger-than-expected yield outlook
Analyst Kaseedit Choonnawat has also upped his target price to $6.41 from $5.16 previously.
April 19, 2023
Aviation & Engineering
SIA, Scoot carried three times more passengers y-o-y in March
Singapore Airlines and Scoot carried a combined 2.7 million passengers in March.
April 17, 2023
Broker's Calls
HPH Trust, DFI Retail Group, SIA, REITs and other counters are DBS's top picks on China reopening and balanced Fed
Beyond April, the team is watchful of the seasonal ‘sell’ trend in May following post-ex-dividends.
April 11, 2023
Aviation & Engineering
SIA uses $249.9 mil out of $850 mil raised in convertible bonds due 2025
The amount has been used for aircraft payments, in line with the intended use stated in its offering circular, says the airline.
April 10, 2023