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Singapore Airlines Ltd (SIAL.SI)

SIAL.SI on Stock Exchange of Singapore

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24 May 2019
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Latest Key Developments (Source: Significant Developments)

Singapore Airlines Updates On Use Of Proceeds For S$750 Mln Of 3.03% Bonds Due 2024
Friday, 17 May 2019 

May 17 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES LTD UPDATES ON USE OF PROCEEDS FOR S$750 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.03 PER CENT. BONDS DUE 2024.ABOUT S$87.5 MILLION OF GROSS PROCEEDS FROM ISSUE OF BONDS APPLIED TOWARDS PURCHASE OF AIRCRAFT.BALANCE OF GROSS PROCEEDS FROM ISSUE OF BONDS IS S$265.3 MILLION, TO BE UTILISED FOR AIRCRAFT PURCHASES & AIRCRAFT RELATED PAYMENTS.  Full Article

SIA Engineering Co Signs Services Agreement With Singapore Airlines
Monday, 1 Apr 2019 

April 1 (Reuters) - SIA Engineering Company Ltd ::SIA ENGINEERING COMPANY SIGNS $1.4 BILLION SERVICES AGREEMENT WITH SINGAPORE AIRLINES.  Full Article

Singapore Airlines Announces Establishment Of S$2 Bln Medium Term Bond Programme
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Singapore Airlines Ltd ::ANNOUNCES ESTABLISHMENT OF S$2 BILLION MEDIUM TERM BOND PROGRAMME.  Full Article

Singapore Airlines Says SIA Group Airlines' Jan Passenger Load Factor Improved 2.0 Pct Points
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES' PLF IMPROVED 2.4 PERCENTAGE POINTS TO 83.5% IN JAN.IN JANUARY 2019, SIA GROUP AIRLINES' PASSENGER LOAD FACTOR (PLF) IMPROVED 2.0 PERCENTAGE POINTS TO 83.1%.JAN SIA GROUP AIRLINES' CARGO LOAD FACTOR (CLF) WAS 3.8 PERCENTAGE POINTS LOWER.JAN PASSENGER CARRIAGE INCREASED 10.4% COMPARED TO LAST YEAR.  Full Article

Singapore Airlines Posts Qtrly Profit Attributable Of S$284.1 Mln
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Singapore Airlines Ltd ::QTRLY REVENUE S$ 4,341.5 MILLION VERSUS S$4,076.7 MILLION.QTRLY PROFIT ATTRIBUTABLE S$284.1 MILLION VERSUS S$389.3 MILLION.FOR Q4 OF FINANCIAL YEAR, GROUP HAS HEDGED 80% OF ITS FUEL REQUIREMENTS IN MOPS AT A WEIGHTED AVERAGE PRICE OF USD74.LONGER-DATED BRENT HEDGES WITH MATURITIES EXTENDING TO FY2023/24 COVER UP TO 45% OF GROUP'S PROJECTED ANNUAL FUEL CONSUMPTION.LONGER-DATED BRENT HEDGES WITH MATURITIES EXTENDING TO FY2023/24 AT AVERAGE PRICES RANGING FROM US$55 TO US$63 PER BARREL.UNCERTAINTIES SURROUNDING US-CHINA TARIFFS & THEIR EFFECTS & BREXIT CLOUDING OVERALL DEMAND OUTLOOK FOR BOTH PASSENGER AND CARGO.  Full Article

Singapore Airlines Says SIA Group Airlines' Dec Passenger Load Factor Improved 0.3 Pct Points
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Singapore Airlines Ltd ::IN DECEMBER 2018, SIA GROUP AIRLINES' PASSENGER LOAD FACTOR (PLF) IMPROVED 0.3 PERCENTAGE POINTS TO 85.0%.DEC CARGO LOAD FACTOR (CLF) WAS 3.5 PERCENTAGE POINTS LOWER.DEC SINGAPORE AIRLINES PASSENGERS CARRIED 1.9 MILLION PASSENGERS VERSUS 1.8 MILLION PASSENGERS.  Full Article

Singapore Airlines Posts Qtrly Profit Attributable S$56.4 Mln
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Singapore Airlines Ltd ::QTRLY REVENUE S$4,062.1 MILLION VERSUS S$3,847.9 MILLION.INTERIM DIVIDEND 8 CENTS PER ORDINARY SHARE.FOR H2 GROUP HEDGED 58% OF FUEL REQUIREMENTS IN MOPS AT WEIGHTED AVERAGE PRICE OF USD71, AGAINST CURRENT MOPS PRICE OF USD87.QTRLY PROFIT ATTRIBUTABLE S$56.4 MILLION VERSUS S$293.3 MILLION."HEADWINDS CONTINUE TO PERSIST IN FORM OF COST PRESSURES ARISING FROM SIGNIFICANTLY ELEVATED FUEL PRICES COMPARED TO A YEAR AGO".BOOKINGS IN COMING MONTHS ARE EXPECTED TO BE STRONGER YEAR-ON-YEAR.SIA GROUP REMAINS COMMITTED TO ITS THREE- YEAR TRANSFORMATION PROGRAMME.NOTWITHSTANDING CONCERNS OVER GLOBAL TRADE TENSIONS, CARGO DEMAND IN NEAR TERM IS EXPECTED TO REMAIN HEALTHY DURING SEASONAL PEAK.  Full Article

Singapore Airlines Says To Fly Non-Stop To Seattle
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Singapore Airlines Ltd ::TO FLY NON-STOP TO SEATTLE.NON-STOP SINGAPORE-SEATTLE FLIGHTS ARE DUE TO BE LAUNCHED ON 3 SEPTEMBER 2019.EXISTING NON-STOP SERVICES TO SAN FRANCISCO TO ALSO BE INCREASED FROM 7 TO 10 FLIGHTS PER WEEK FROM 28 NOVEMBER 2018.CO WILL OPERATE 53 FLIGHTS PER WEEK TO US BY DEC 2018, INCLUDING 27 NON-STOP SINGAPORE-US SERVICES.WITH INTRODUCTION OF NEW SEATTLE FLIGHTS NEXT YEAR, TOTAL US FREQUENCY WILL INCREASE TO 57 FLIGHTS PER WEEK.  Full Article

Singapore Airlines Updates On Proposed JV With DFASS & SATS Asia-Pacific Star
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Singapore Airlines Ltd ::REFERS TO PROPOSED JOINT VENTURE WITH SATS LTD.PROPOSED JV WILL BE CARRIED OUT THROUGH SIA'S SUBSIDIARY, SINGAPORE AIRPORT DUTY-FREE EMPORIUM.PROPOSED JV WILL NO LONGER BE CARRIED OUT THROUGH DFASS SATS PTE. LTD..SIA WILL HOLD 70% OF ISSUED SHARE CAPITAL OF SADE, WHILST EACH OF DFASS AND SATS WILL HOLD 15%.PROPOSED JV TO ENGAGE IN A TRAVEL RETAIL BUSINESS IN SINGAPORE.PROPOSED JV IS NOT EXPECTED TO HAVE ANY MATERIAL IMPACT ON FINANCIAL PERFORMANCE OF COMPANY FOR CURRENT FINANCIAL YEAR.SINGAPORE AIRPORT DUTY-FREE EMPORIUM TO BUY ASSETS & BUSINESS UNDERTAKINGS OF DSPL TO OPERATE PROPOSED JV.  Full Article

GECAS Orderbook Provides Vistara Seven A320neo
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - GE Capital Aviation Services::GECAS ORDERBOOK PROVIDES VISTARA SEVEN A320NEO.GECAS - LEASE CONTRACT FOR 7 A320NEOS TO ENTER SERVICE WITH VISTARA, FOLLOWING DELIVERIES FROM AIRBUS IN LATTER PART OF 2019,CONTINUING INTO 2020.  Full Article

Indian carrier Vistara leases 6 planes from BOC Aviation for local expansion

NEW DELHI, May 24 Indian carrier Vistara, a joint venture between India's Tata Group and Singapore Airlines , said on Friday it has leased six additional aircraft from BOC Aviation to drive its expansion in the domestic market.