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SIA revived
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Sin_Cos_Tan
Veteran |
30-Sep-2024 09:20
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FINANCIAL CALENDAR 8 November 2024 Announcement of FY2024/25 Second Quarter and Half Year Results and interim dividend |
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Sin_Cos_Tan
Veteran |
30-Sep-2024 08:23
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新 中 免 签 后 首 个 国 庆 黄 金 周 即 将 到 来 , 加 上 10月 份 本 地 举 办 多 个 演 唱 会 , 预 计 10月 抵 新 的 中 国 游 客 将 是 去 年 同 期 的 两 倍 多 。 此 前 旅 游 局 数 据 显 示 , 7月 有 41万 2950人 次 中 国 旅 客 入 境 我 国 , 单 月 人 数 首 次 超 过 疫 情 前 高 峰 , 8月 人 数 同 样 超 过 疫 前 。 这 主 要 归 功 于 今 年 初 双 边 实 施 免 签 , 而 且 今 年 的 国 庆 黄 金 周 和 中 秋 假 期 分 开 , 中 国 游 客 有 两 次 放 假 机 会 。 黄 金 周 为 期 七 天 , 从 10月 1日 到 7日 。 10月 , 奥 莉 维 亚 罗 德 里 戈 ( Olivia Rodrigo) 、 周 杰 伦 和 刘 德 华 等 巨 星 将 在 新 加 坡 举 办 演 唱 会 , 虽 不 都 在 黄 金 周 举 行 , 但 预 计 这 些 演 出 会 吸 引 大 批 中 国 歌 迷 前 来 观 赏 。
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Sin_Cos_Tan
Veteran |
20-Sep-2024 13:52
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Singapore Airlines Group Hits 99% Of Pre-COVID Passengers In August The Singapore Airlines Group is looking more and more like a snowball gathering speed and getting bigger as it hurtles down a mountain. In August, the Group, which includes Singapore Airlines and Scoot, carried 99% of the passengers it had in August 2019 and is operating at 99% of its pre-pandemic capacity with a passenger load factor of 85.7%. For the second consecutive month, the Group has solidified its post-pandemic recovery and has restored nearly all of its performance metrics to 2019 levels. Most airlines in the Asia-Pacific region are seeing their markets soften, and with overcapacity creeping in, there is much more pressure on pricing than at the same time last year, although that is welcome news for customers. The key to success has been the skillful management of returning grounded aircraft to service and putting them back on historically successful routes. Scoot has been adept at hunting out new routes that were crying out for a reliable low-cost carrier to emerge, while Singapore Airlines (SIA) has been disciplined in adding new routes but aggressive in known regions, such as Australia, where it now operates more than 130 weekly services.   |
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Sin_Cos_Tan
Veteran |
18-Sep-2024 09:53
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Crude oil drop and interest rate cut will help SIA fry higher.   
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Joelton
Supreme |
17-Sep-2024 11:26
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SIA Group passenger capacity up 10.8% in August, outpacing passenger traffic
Cargo capacity expands 10.4%, while cargo load is up 20.9%
SINGAPORE Airlines (SIA) Group reported a 10.8 per cent increase in passenger capacity in August, outpacing the 7.7 per cent growth in passenger traffic recorded that month.
 
The national carrier and its low-cost arm Scoot flew a total of 3.3 million passengers in August, up 9.4 per cent from the year before, according to the group&rsquo s latest operating update released on Monday (Sep 16).
 
Group passenger load factor clocked in at 85.7 per cent, with SIA and Scoot posting monthly load factors of 84.9 per cent and 88.8 per cent, respectively. The passenger load factor measures how much the airline&rsquo s passenger capacity has been utilised. It is calculated by dividing the airline&rsquo s revenue passenger kilometres by its available seat kilometres.
 
Cargo operations saw a load factor of 56.1 per cent, up 4.9 percentage points from a year ago.
 
Cargo loads increased by 20.9 per cent on year on the back of &ldquo sustained strength in e-commerce flows and some demand spillover from disruptions to sea freight&rdquo , said SIA. Meanwhile, cargo capacity expanded 10.4 per cent.
 
As at end-August, SIA Group&rsquo s passenger network covered 125 destinations in 36 countries and territories. SIA served 78 destinations, while Scoot served 69 destinations.
 
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Sin_Cos_Tan
Veteran |
17-Sep-2024 08:48
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The Business Times SIA Group passenger capacity up 10.8% in August, outpacing passenger traffic Cargo capacity expands 10.4%, while cargo load is up 20.9% SINGAPORE Airlines (SIA) Group reported a 10.8 per cent increase in passenger capacity in August, outpacing the 7.7 per cent growth in passenger traffic recorded that month. The national carrier and its low-cost arm Scoot flew a total of 3.3 million passengers in August, up 9.4 per cent from the year before, according to the group' s latest operating update released on Monday (Sep 16). Group passenger load factor clocked in at 85.7 per cent, with SIA and Scoot posting monthly load factors of 84.9 per cent and 88.8 per cent, respectively. The passenger load factor measures how much the airline' s passenger capacity has been utilised. It is calculated by dividing the airline' s revenue passenger kilometres by its available seat kilometres. Cargo operations saw a load factor of 56.1 per cent, up 4.9 percentage points from a year ago. Cargo loads increased by 20.9 per cent on year on the back of " sustained strength in e-commerce flows and some demand spillover from disruptions to sea freight" , said SIA. Meanwhile, cargo capacity expanded 10.4 per cent. As at end-August, SIA Group' s passenger network covered 125 destinations in 36 countries and territories. SIA served 78 destinations, while Scoot served 69 destinations. https://www.businesstimes.com.sg/companies-markets/sia-group-passenger-capacity-10-8-august-outpacing-passenger-traffic   |
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Barcalo
Master |
16-Sep-2024 11:19
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Good support by fund houses. Price recovered very fast. 👍 | ||||
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Alignment
Elite |
14-Sep-2024 22:01
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Not sure why he thinks a competitor should give him sensitive cost information.  | ||||
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leroy55
Veteran |
14-Sep-2024 14:25
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AirAsia Boss Hits Out At Singapore Airlines·   10:51
 
2minsSIA (C6L.SG)
6.520
+1.09%
AirAsia Group Chief Executive Officer, Tan Sri Tony Fernandes, criticised Singapore Airlines over its claim that it had only hired 10% of Malaysia Airlines' (MAS) engineering staff. This comes as MAS faces technical issues, leading to flight delays and cancellations due to a shortage of engineering personnel. In response to accusations of staff poaching and workforce loss caused by factors like salary competition, MAS has experienced a significant departure of skilled engineers. Fernandes, a Malaysian, disagreed with Singapore Airlines' claim, stating that it was inaccurate to suggest that only 10% of MAS' s engineers had joined SIA. He questioned who the remaining 90% of SIA Engineering' s staff members were, implying that more MAS engineers might have been hired. Fernandes who posted the message on his LinkedIn post urged Singapore Airlines to be transparent about the salaries it offers, which may be attracting Malaysian airline staff to cross the causeway. He also expressed his support for Singaporean engineering firms establishing operations in Malaysia, as well as for competition from airlines such as Batik Air, MyAirlines, and SKS, emphasizing his belief in a free market. However, he voiced frustration over the lack of progress in AirAsia' s efforts to establish a Singapore-based branch, noting that despite operating in five ASEAN countries, the group has faced obstacles, including rejection by Singaporean regulators in its bid to acquire a low-cost carrier there. This rare criticism from Fernandes comes after a tumultuous five years for the prominent tycoon, who has only recently regained stability following a major restructuring of his business empire. |
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RL16EGG
Veteran |
13-Sep-2024 21:07
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All sold just before the big cheong to 7+, alamak. Still respectable profit as bought during covid time. Now into ocbc, this is a gem as like the other 2 banks.
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ROUTE66
Member |
13-Sep-2024 12:56
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Thanks for taking the time to help answer my question !  It' s been a while since you last posted in this forum.  Offloaded all your SIA shares ?  Here' s wishing you all the best.
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RL16EGG
Veteran |
12-Sep-2024 22:51
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from AI ChatGPT: The designations " 19A," " 30A," and " 30B" refer to the identifiers for different types of investors or institutions, often used in trading systems to categorize counter-parties. In many stock markets, particularly in places like Singapore, these identifiers are used to denote various categories of investors, such as:
The specific codes (like " 19A" , " 30A" ) typically refer to institutional investors and can be indicative of certain types of funds or large entities, such as mutual funds, pension funds, or insurance companies. These identifiers help in understanding the market dynamics and the nature of the entities you' re trading with, though they might not provide specific details about each individual fund or institution. If you need precise details about who exactly these entities are, you might need to check with your broker or the relevant stock exchange for more detailed breakdowns.
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ROUTE66
Member |
12-Sep-2024 17:01
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I' ve just sold some SIA shares and the counter parties were a mixed bag of local and foreign fund houses.  What puzzled me was that 3 counter parties were denoted as " 19A" , " 30A" and " 30B" . I know my question may sound stupid to seasoned investors but who are 19A, 30A and 30B ?  Does anyone care to enlighten me please ? Thanks in advance. |
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MrBear12
Supreme |
11-Sep-2024 09:37
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Net profits Depends also on how sia hedged its fuel cost
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Sin_Cos_Tan
Veteran |
11-Sep-2024 09:24
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Crude oil is the source of jet fuel, the prices of crude oil and jet fuel are normally correlated.  
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MrBear12
Supreme |
11-Sep-2024 08:40
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Brent and wti crude prices coming down from its peak, but energy costs still high. | ||||
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Sin_Cos_Tan
Veteran |
11-Sep-2024 08:37
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luckyguy3
Master |
10-Sep-2024 20:41
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Barcalo
Master |
10-Sep-2024 18:27
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Hidden Buying spotted again today. What's brewing with SIA??? | ||||
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Sin_Cos_Tan
Veteran |
10-Sep-2024 09:02
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Brent crude oil prices hit their lowest level since March 2023. OPEC+ postpones production increases https://energynews.pro/en/falling-oil-prices-opec-struggles-to-reverse-the-trend/ 油 盟 +明 年 料 恢 复 增 产 原 油 价 格 将 持 续 承 压https://www.zaobao.com.sg/finance/singapore/story20240909-4670941  |
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