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Singapore Airlines
19-05-2017, 08:21 PM,
Post: #251
RE: Singapore Airlines
Singapore Airlines Tumbles Most in Six Years After Surprise Loss

by Abhishek Vishnoi
May 18, 2017, 6:12 PM GMT+8 Updated on May 19, 2017, 5:43 PM GMT+8

Singapore Airlines Ltd. shares plunged the most in almost six years after reporting a surprise loss because of intense competition, prompting Southeast Asia’s biggest carrier to kick off a review of its business.

The stock slumped 7.3 percent to S$9.98, erasing S$922 million ($663 million) in market value. Chief Executive Officer Goh Choon Phong said Friday he would leave “no stone unturned” in the review.

Intense competition from Emirates, Qatar Airways and Etihad that offer services such as a personal butler and shower on board aircraft has crushed profits at Singapore Air and its Hong Kong-based rival Cathay Pacific Airways Ltd., which is also doing a review of its business. To fight back, Goh is boosting borrowings to fund a record $53 billion order for new planes.

More details in https://www.bloomberg.com/news/articles/...ovisioning
Specuvestor: Asset - Business - Structure.

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07-06-2017, 11:52 AM,
Post: #252
RE: Singapore Airlines
Singapore Airlines job cuts on the horizon
http://www.theedgemarkets.com.sg/singapo...ts-horizon

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19-10-2017, 03:56 PM,
Post: #253
RE: Singapore Airlines
Android Pay, Apple Pay now available for SIA's mobile app

NISHA RAMCHANDANI
THU, OCT 19, 2017 - 3:10 PM

SINGAPORE Airlines (SIA) has added Android Pay and Apple Pay as payment options to its mobile app, the airline announced on Thursday.

Customers will be able to use the services to pay for air tickets, redeem booking-related fees or for other purchases, such as preferred seat selection and travel insurance, when booking flights.

This means added convenience since customers will not have to fill in their payment information; with Android Pay, the credit or debit card details are already stored in their accounts, while with Apple Pay, a unique device account number is assigned, encrypted and stored in the secure element on the mobile device.

More details in http://www.businesstimes.com.sg/companie...mobile-app
Specuvestor: Asset - Business - Structure.

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