Tiger Airways

SIA reports 1H net loss of $3.47 bil on non-cash impairment and 'sharp drop' in passenger carriage - THE EDGE SINGAPORE

Results

SIA reports 1H net loss of $3.47 bil on non-cash impairment and 'sharp drop' in passenger carriage

On the response to its initiatives during this time, SIA says it is “very grateful, and will never take [the support] for granted”

In print this week

Depressed small- and mid-caps ready for new dawn in 2017

SINGAPORE (Jan 6): A total of 27 privatisations wiped a collective $13.2 billion in market capitalisation off SGX in 2016.
Tigerair

Tiger Airways to sell stake in Tigerair Taiwan

SINGAPORE (Dec 14): Singapore Airlines Group subsidiary Budget Aviation Holdings, which owns and manages SIA’s low-cost carriers Tigerair and Scoot, on Wednesday announced that it is selling its 10% stake in Tigerair Taiwan to China Airlines.
Scoot

SIA sees low-cost segment fuelling growth for both premium and budget services

Short-haul budget carrier Tiger Airways (Tigerair) will soon shed its signature black-and-orange stripes as its joins long-haul budget carrier Scoot under a single brand and operating licence. The merger, slated for completion in 2H2017, marks the end of

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.

Results

SIA’s 2Q earnings fall 70% to $65 mil on weak operating numbers

SINGAPORE (Nov 3): Singapore Airlines reported a 70% fall in 2Q earnings to $64.9 million as excess capacity and aggressive pricing by competitors  depressed yields.
Scoot and Tiger Airways logos

Singapore Air forms new company to manage two budget carriers

SINGAPORE (May 18): Singapore Airlines, seeking to restructure its budget airline business, established a new holding company to manage its two low-fare carriers amid speculation of a consolidation in the region.
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