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Singapore Airlines Ltd (SIAL.SI)

SIAL.SI on Stock Exchange of Singapore

9.25SGD
20 Nov 2018
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Latest Key Developments (Source: Significant Developments)

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

Singapore Airlines Says Priced S$600 Mln 3.16 Pct Notes Due 2023
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Singapore Airlines Ltd ::LAUNCHED AND PRICED S$600 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.16 PER CENT. NOTES DUE 2023.NOTES ARE EXPECTED TO BE ISSUED ON 25 OCTOBER 2018,.NET PROCEEDS FROM ISSUE TO BE USED BY ISSUER FOR AIRCRAFT PURCHASES & AIRCRAFT RELATED PAYMENTS.  Full Article

Singapore Airlines' Aug Passenger load factor 84.8 PCT, up 4.4 PCT Points
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES' PLF IMPROVED 4.4 PERCENTAGE POINTS TO 84.8% FOR AUGUST.IN AUGUST, SIA GROUP PASSENGER CARRIAGE INCREASED 11.7% YOY.AUG CARGO LOAD FACTOR (CLF) FELL 0.3 PERCENTAGE POINTS.  Full Article

easyJet Partners With Singapore Airlines To Connect Travellers Between Europe And South East Asia
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Easyjet PLC ::PARTNERS WITH SINGAPORE AIRLINES TO CONNECT TRAVELLERS BETWEEN EUROPE AND SOUTH EAST ASIA WITH 'WORLDWIDE BY EASYJET'.EASYJET CUSTOMERS WILL BE ABLE TO CONNECT TO LONG-HAUL FLIGHTS WITH SINGAPORE AIRLINES VIA MILAN MALPENSA AND WITH SCOOT VIA BERLIN TEGEL.  Full Article

Singapore Airlines And Alibaba Group Announce Strategic Partnership
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Singapore Airlines Ltd ::SINGAPORE AIRLINES AND ALIBABA GROUP ANNOUNCE STRATEGIC PARTNERSHIP.PARTNERSHIP EXTENDS ACROSS FLIGHT TICKET SALES, LOYALTY PROGRAMMES, MARKETING INITIATIVES, CLOUD SERVICES, PAYMENTS AND LOGISTICS.COLLABORATION ENCOMPASSES SEVERAL PLAYERS IN ALIBABA GROUP’S ECOSYSTEM INCLUDING FLIGGY, ALIBABA CLOUD, ALIPAY & CAINIAO NETWORK.  Full Article

Singapore Airlines Updates On Group Airlines July Operating Results
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Singapore Airlines Ltd ::IN JULY 2018, SIA GROUP AIRLINES' PASSENGER LOAD FACTOR (PLF) IMPROVED 2.3 PERCENTAGE POINTS TO 85.9%.IN JULY, OVERALL CARGO LOAD FACTOR (CLF) WAS 0.9 PERCENTAGE POINTS LOWER VERSUS SAME PERIOD LAST YEAR.IN JULY SIA GROUP AIRLINES' PASSENGER CARRIAGE INCREASED 8.4% COMPARED TO LAST YEAR.  Full Article

Singapore Airlines Budget Arm Scoot To Increase Fares As Fuel Prices Surge
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Scoot::SAYS IT PLANS TO ADJUST FARES NETWORK-WIDE AS FUEL PRICES SURGE.SAYS FARES WILL INCREASE BY ABOUT 5% ON AVERAGE ACROSS THE NETWORK.SAYS FARE INCREASE WILL TAKE PLACE FROM SEPT 1.SAYS FARES WILL GENERALLY INCREASE BY BETWEEN S$5 AND S$30 PER SECTOR, DEPENDING ON FLIGHT DURATION.SAYS RISE IN JET FUEL PRICES HAVE PUSHED UP SCOOT’S FUEL EXPENDITURE BY 31 PERCENT YEAR ON YEAR.  Full Article

UPDATE 1-Tata Sons only in preliminary talks with Jet Airways about a deal

* Etihad may want to retain stake in Jet - source (Adds details on Etihad, context)