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Debt and defaults
Singapore Airlines launches $500 mil 2.70% notes due 2036 as part of $10 bil multicurrency medium term note programme
The notes are being offered outside the US and in Singapore to institutional investors and accredited investors.
18 days ago
Aviation & Engineering
SIA Group passenger traffic growth up 2.6% y-o-y for Nov; cargo carriage up 12.4% y-o-y
For Nov, group PLF increased 0.3 percentage points y-o-y to 87.3%, and cargo load factor at 60.2% up 3.6 ppts y-o-y.
December 15, 2025
Company in the news
SIA Group posts 5.3% y-o-y increase in passenger traffic for Oct 2025 while cargo demand softens
SIA posted a monthly PLF of 86.8% and Scoot 89.0%. The two airlines carried a combined total of 3.6 million passengers, up 8.3% y-o-y.
November 17, 2025
Results
Singapore Airlines earnings plunge 82.1% y-o-y to $52 mil for 2QFY2025, weighed down by Air India stake
The board has declared an interim special dividend of 3 cents per share as the first payment from a special dividend package of 10 cents per share annually over three financial years.
November 13, 2025
Broker's Calls
UOBKH keeps ‘sell’ on SIA at upgraded $6.05 target price, weaker 2QFY2026 expected on Air India drag
UOBKH expects Air India to remain a key drag. The loss-making entity was a key reason behind SIA’s 1QFY2026 results miss, causing a 59% y-o-y drop in SIA’s net profit.
September 17, 2025
New appointments
Garuda said to tap SIA executive for finance director
Balagopal Kunduvara, divisional vice president of financial services at Singapore Airlines (SIA), is scheduled to start at Garuda Indonesia’s parent in October, according to a source.
September 16, 2025
Aviation & Engineering
SIA’s group-wide passenger load factor up 2.9 ppts y-o-y supported by summer peak
SIA and Scoot posted a monthly PLF of 87.4% and 92.2% respectively, and carried a combined total of 3.5 million passengers, 9.7% higher than last year.
August 15, 2025
Environmental, Social and Governance
Temasek CSO discusses goal of improving portfolio performance, reducing emissions
Gathering information is “not the key goal”, says Temasek International’s chief sustainability officer. “It’s really about what information we need to make sure that we drive the right outcomes.”
August 08, 2025
Investing ideas
SIA flies through bouts of downgrades following lower 1QFY2026 results
For investors with a tactical slant, CGSI's Raymond Yap suggests taking profit before SIA goes ex-dividend on Aug 8, when entitled shareholders will receive a payout of 30 cents per share.
July 31, 2025
Broker's Calls
Air India drags on SIA's 1QFY2026 earnings; analysts keep ‘hold’ and raise target prices
The group saw a negative $122 million swing in contributions from associations and JVs, owing to deeper-than-expected losses of Air India of $130 million for SIA’s 25.1% stake.
July 31, 2025