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Singapore Airlines
Results
SIA reports 3QFY2023 earnings of $628 million, up 12.7% q-o-q
In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March
February 21, 2023
Aviation & Engineering
SIA group wide load factor for Jan was 86.9%, down 2.7% over Dec
A total of 2.6 million passengers were carried
February 15, 2023
Broker's Calls
DBS remains bullish on SIA following December operating stats; CGS-CIMB downgrades to 'hold', citing limited upside
Yields could come in stronger than anticipated
January 17, 2023
Aviation & Engineering
SIA makes bigger India bet with Vistara-Air India merger
The merger “certainly makes sense for SIA.”
December 01, 2022
Aviation & Engineering
SIA to invest up to $1.24 billion for 25.1% stake in Air India with Vistara merger
SIA intends to fully fund this investment with its internal cash resources, which stood at $17.5 billion as at Sept 30.
November 29, 2022
Results
Sats reports 1HFY2023 loss of $32.5 million, proposed rights issue to be capped at $800 million
The company plans to withhold dividend payments for now
November 09, 2022
Aviation & Engineering
SIA reports 2QFY2022-23 earnings of $557 million; declares dividend of 10 cents
Capacity has reached 68% of pre-pandemic levels, to reach 76% by end of current FY
November 04, 2022
Aviation & Engineering
SIA in ‘confidential discussions’ with Tata, may explore Air India-Vistara integration
SIA did say that discussions are still on-going, and no definitive terms have been agreed upon.
October 13, 2022
M&A
SATS's 'transformational' acquisition rattles market but long-term potential in the making
SATS says it remains committed to “prudent balance sheet management”
September 29, 2022
Aviation & Engineering
Air travel has almost recovered. Airlines? Not so much
The dismal performance of airline stocks of late isn’t a result of carriers posting disappointing results.
September 15, 2022