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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.

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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

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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

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.

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09-04-2018, 08:40 PM.
Post: #254
RE: Singapore Airlines
Here are the top 10 airlines in the world as ranked by TripAdvisor customers

David Reid
April 9, 2018

A survey of the best airlines in the world compiled by TripAdvisor has placed Singapore Airlines at the top.

Released Monday, the survey is just the second to rank airlines that the travel website has carried out. TripAdvisor said to generate the results it put traveler responses over a 12-month period into an algorithm that took into account the quantity and quality of reviews.

Air New Zealand came second, pushing last year's winner Emirates down into third place. Asian carriers performed well, with three other airlines — Japan, EVA Air and Korean Air — placed in the top 10.

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09-04-2018, 10:02 PM.
Post: #255
RE: Singapore Airlines
Very surprised to see Jet2 airline, based in Bradford/Leeds airport UK in the list. Its a low cost, no frills airline with short flights to Europe.

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17-05-2018, 06:28 PM.
Post: #256
RE: Singapore Airlines
Financial Results for the Financial Year Ended 31 March 2018

Highlights :
1. Group revenue rose $937 million year-on-year to $15,806 million (+6.3%), with revenue improvements in all business segments
2. Operating profit for the Group rose to $1,057 million, an increase of $434 million, or +69.7% higher than the last financial year
3. Full-year net profit rose to S$893 million, an increase of $533 million or +148.1%, from the same period last year
4. Outlook for travel demand robust, but fuel prices trending higher and strong competition persists
5. Three-year transformation programme showing good progress and yielding early results
6. Net asset value per ordinary was S$12.02 as at 31 March 2018
7. Final dividend of 30 cents per share vs previous year 11 cents

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SIA closed at 11.140 (+0.140) today.
Specuvestor: Asset - Business - Structure.
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18-07-2018, 03:39 PM.
Post: #257
RE: Singapore Airlines
Singapore Snatches World’s Best Airline Crown From Qatar

By Kyunghee Park
July 18, 2018, 12:36 PM GMT+8

If you want to fly premium, the best route around the globe is via Singapore.

Travelers voted Singapore Airlines Ltd. the best carrier in the world, according to SkyTrax, which surveys more than 20 million fliers every year. It was also named the best in first-class. This is the fourth time the Asian company has won the honors since the annual award was established in 1999.

For the last two years, Singapore Air has been revamping its cabins to provide bigger entertainment consoles and more space, including double-beds in its A380 first-class suites and full-flat beds for business class in regional flights, to help compete against Middle Eastern carriers. The airline is set to resume nonstop flights to New York from the island-city in October after a gap of five years.

Asian carriers dominated the list with seven among the world’s top 10 airlines this year, including All Nippon Airways and Cathay Pacific Airways Ltd. Gulf-based Qatar Airways and Emirates took the second and fourth spots. Deutsche Lufthansa AG was the only European airline to make it to the rankings, while there were none from the U.S.

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01-12-2018, 04:45 PM.
Post: #258
RE: Singapore Airlines
Meanwhile our neighbour low cost airline is declaring a 13% upcoming dividend, seems like good value against current bearish oil price backdrop. The digital transformation initiative makes AA look like a high growth company. Any insights?

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