Edition:
United Kingdom

Singapore Airlines Ltd (SIAL.SI)

SIAL.SI on Stock Exchange of Singapore

8.94SGD
16 Aug 2019
Change (% chg)

$-0.03 (-0.33%)
Prev Close
$8.97
Open
$8.94
Day's High
$8.94
Day's Low
$8.86
Volume
1,486,800
Avg. Vol
1,259,150
52-wk High
$10.23
52-wk Low
$8.86

Latest Key Developments (Source: Significant Developments)

Singapore Airlines Says SIA Group Passenger Carriage Increased By 5.9% In July
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES' JULY PLF DECLINED BY 0.3 PERCENTAGE POINTS YEAR-ON-YEAR TO 85.9%.JULY SIA GROUP PASSENGER CARRIAGE INCREASED BY 5.9%.JULY CARGO LOAD FACTOR (CLF) WAS 4.2 PERCENTAGE POINTS LOWER.IN JULY 2019, SIA GROUP AIRLINES' PASSENGER LOAD FACTOR (PLF) DECLINED MARGINALLY BY 0.1 PERCENTAGE POINTS TO 85.8%.  Full Article

Air New Zealand And Singapore Airlines To Increase Capacity Between Auckland And Singapore
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Air New Zealand Ltd ::AIR NEW ZEALAND AND SINGAPORE AIRLINES INCREASE CAPACITY BETWEEN AUCKLAND AND SINGAPORE.TO BOOST CAPACITY WITH AN ADDITIONAL 35,000 SEATS BETWEEN THE END OF MARCH AND OCTOBER, COMMENCING IN 2020.WILL INCREASE FREQUENCY FROM 12 TO 14 SERVICES PER WEEK ON ITS BOEING 787 DREAMLINER AIRCRAFT FROM 29 MARCH 2020 TO 24 OCTOBER 2020.SINGAPORE AIRLINES TO ALSO DEPLOY LARGER A380 AIRCRAFT TO MEET STRONG DEMAND OVER EASTER 2020 PEAK.  Full Article

BOC Aviation Announces Placement Of 4 New Airbus A321neo Aircraft With Scoot Airlines
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - BOC Aviation Ltd <2588.HK>::ANNOUNCES PLACEMENT OF 4 NEW AIRBUS A321NEO AIRCRAFT WITH SCOOT AIRLINES.AIRCRAFT POWERED BY PRATT & WHITNEY’S PUREPOWER PW1100G-JM ENGINES, AND SCHEDULED FOR DELIVERY IN H2 2020.AIRCRAFTS SCHEDULED FOR DELIVERY IN THE SECOND HALF OF 2020..  Full Article

Singapore Airlines Says Qtrly Profit Attributable S$111.1 Mln
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Singapore Airlines Ltd ::QTRLY PROFIT ATTRIBUTABLE S$ 111.1 MILLION VERSUS S$ 139.6 MILLION.QTRLY REVENUE S$4,102 MLN VS S$3,844 MLN.GROUNDING OF 737 MAX 8 FLEET HAS DISRUPTED GROUP'S OPERATIONS AND RATE OF EXPANSION.AIR FREIGHT DEMAND HAS SOFTENED AMID ONGOING TRADE DISPUTES AND UNCERTAIN GLOBAL ECONOMIC CONDITIONS.FUEL PRICE VOLATILITY IS EXPECTED TO PERSIST IN NEAR TERM.STRONG HEDGE POSITION WILL HELP TO MITIGATE ANY SPIKE IN FUEL PRICES.GROUP WILL CONTINUE TO ENTER INTO LONGER-DATED HEDGES EXTENDING TO FY2024/25.IN Q2 OF FINANCIAL YEAR, GROUP HAS HEDGED 79% OF ITS FUEL REQUIREMENTS IN MOPS AT A WEIGHTED AVERAGE PRICE OF USD75.REMAINDER OF FY, GROUP HEDGED 70% OF FUEL REQUIREMENTS IN MOPS & 5% IN BRENT AT WEIGHTED AVERAGE PRICES OF $76 & $52 RESPECTIVELY.CERTAIN HEADWINDS ALSO CLOUD OUTLOOK FOR PASSENGER DEMAND OVER LONGER TERM.REDUCTION IN QTRLY NET PROFIT ATTRIBUTABLE DUE TO A HIGHER SHARE OF LOSSES FROM ASSOCIATED COMPANIES.DURING THE QTR, AN IMPROVEMENT IN VISTARA'S PERFORMANCE WAS OFFSET BY HIGHER ESTIMATED LOSSES FROM VIRGIN AUSTRALIA .  Full Article

Singapore Airlines Says Co To Launch S$50 Mln Upgrade Of Changi Airport T3 Lounges
Thursday, 4 Jul 2019 

July 4 (Reuters) - Singapore Airlines Ltd ::TO LAUNCH S$50 MILLION UPGRADE OF CHANGI AIRPORT T3 LOUNGES.  Full Article

Singapore Airlines Updates On Use Of Proceeds For S$750 Mln 3.03% Bonds Due 2024
Friday, 28 Jun 2019 

June 28 (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.REMAINING S$23.9 MILLION OF GROSS PROCEEDS FROM ISSUE OF BONDS HAVE BEEN APPLIED TOWARDS PURCHASE OF AIRCRAFT.  Full Article

Singapore Airlines And Malaysia Airlines Bhd Sign MoU For Wide-Ranging Co-Operation
Thursday, 27 Jun 2019 

June 27 (Reuters) - Singapore Airlines Ltd ::CO AND MALAYSIA AIRLINES BHD SIGN MOU FOR WIDE-RANGING CO-OPERATION.UNDER MOU, SIA AND MAB TO EXPLORE STRATEGIC PARTNERSHIP TO BUILD EXISTING CODESHARE AGREEMENT.AGREEMENT TO INCLUDE FIVE AIRLINES INCLUDING FIREFLY, SILKAIR AND SCOOT.CO-OPERATION COULD INVOLVE CARGO AS WELL AS MAINTENANCE, REPAIR AND OVERHAUL SERVICES.  Full Article

Singapore Airlines Says Qtrly Profit Attributable S$202.6 Million
Thursday, 16 May 2019 

May 16 (Reuters) - Singapore Airlines Ltd ::QTRLY REVENUE S$4,075.1 MILLION VERSUS S$4,017.3 MILLION.QTRLY PROFIT ATTRIBUTABLE S$202.6 MILLION VERSUS S$281.1 MILLION.FINAL DIVIDEND OF 22 CENTS PER SHARE .FOR FY 2019/20, HEDGED 64% OF FUEL REQUIREMENT IN MOPS & 5% IN BRENT AT WEIGHTED AVERAGE PRICES OF US$76 & US$53 PER BARREL.GROUP'S PASSENGER CAPACITY GROWTH, NOW EXPECTED TO BE 6% IN YEAR AHEAD."FUEL COST HEADWINDS MAY PERSIST ON SUPPLY RISKS IN OIL MARKET".ISSUES REGARDING BOEING 737 MAX 8 & ROLLS-ROYCE TRENT 1000 TEN ENGINES POWERING BOEING 787S AFFECTED PASSENGER CAPACITY GROWTH."ONGOING TRADE DISPUTES AND SLOWING ECONOMIC GROWTH IN KEY MARKETS POSE UNCERTAINTY TO OPERATING ENVIRONMENT".SCOOT TO BE SUSPEND SERVICES TO 4 DESTINATIONS WITH WEAK DEMAND - LUCKNOW, KALIBO, QUANZHOU AND MALE IN COMING MONTHS.  Full Article

Singapore Airlines Says April SIA Group Airlines’ Passenger Carriage Increased By 7.6%
Wednesday, 15 May 2019 

May 15 (Reuters) - Singapore Airlines Ltd ::APRIL SIA GROUP AIRLINES’ PASSENGER CARRIAGE INCREASED BY 7.6% COMPARED TO LAST YEAR.APRIL SIA GROUP AIRLINES’ PASSENGER LOAD FACTOR IMPROVED 0.8 PERCENTAGE POINTS TO 83.5%.APRIL CARGO LOAD FACTOR WAS 3.9 PERCENTAGE POINTS LOWER.  Full Article

Singapore Airlines Announces Offer Of Up To S$500 Mln In Aggregate Principal Amount Of Bonds Due 2024
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES ANNOUNCES OFFER OF UP TO S$500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.03 PER CENT. BONDS DUE 2024, SUBJECT TO UPSIZE OPTION.ISSUE PRICE FOR BONDS IS S$1,000 PER S$1,000 IN PRINCIPAL AMOUNT OF BONDS.  Full Article

UPDATE 2-Cathay Pacific forward bookings drop amid Hong Kong protests

* Cargo revenue down 11.4% over six months to June (Recasts, adds executive and analyst comment)