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Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition
The fall in profits was due to “increased capacity and stronger competition in key markets,” the airline said.
Singapore Airlines: Sell Rating Maintained Amid Rising Costs and Pressured Profitability
Analyst Roy Chen of UOB Kay Hian maintained a Sell rating on SIA – Singapore Airlines (SINGF – Research Report), reducing the price
Singapore Airlines Flags Fierce Competition as Quarterly Profit Slumps
The airline posted sharply weaker second-quarter earnings as increased capacity and stiffer competition in key markets weighed on yields.
Singapore Airlines Shares Fall as Competition, Fuel Costs Hit Profit
Singapore Airlines shares were sharply lower after reporting a slump in profits due to increased competition and higher fuel costs. Shares fell as much as 6.2% early Monday before paring its losses. They were last 4.
Singapore Airlines’ profit plunges 59%
Singapore Airlines saw net profit in the July-to-September quarter plunging 59% year-on-year to SGD290 million (US$) amid intense competition and surging costs.
Reuters
1d
Asia's airlines blame supply chain woes for disrupted operations
Airlines
globally have been seeing stable demand but airfares are declining as a post-pandemic travel boom abates and most ...
23h
on MSN
Examined: The One-Stop US Routes That Singapore Airlines Serves Via Germany, Japan & the UK
Singapore Airlines is the largest airline in Singapore, and together with its subsidiary, Scoot, has a network of more than ...
executivetraveller
8h
Singapore Airlines pops the cork on Cristal 2015
Cristal 2015 joins Singapore Airlines’ curated list of exquisite champagnes served in Suites and First Class, with up to ...
10d
Singapore Airlines to spend $835 mln upgrading long-haul Airbus A350 cabins
Singapore Airlines will spend 1.1 billion Singapore dollars ($834.66 million) to upgrade all classes on its 41 Airbus ...
manilastandard
2d
Singapore Airlines to elevate premium travel experience with $1.1 billion Airbus A350 cabin retrofit program
Singapore Airlines (SIA) is investing S$1.1 billion in a multi-year programme to install its all-new long-haul cabin products ...
eVnExpress on MSN
1d
Airlines around Asia ground Bali flights after volcano erupts
Airlines in Australia, Hong Kong, India, Malaysia and Singapore cancelled flights to and from the Indonesian resort island of ...
1d
on MSN
Apple Just Announced That It’s Partnering With Airlines to Help Prevent Lost Luggage
Savvy travelers have in recent years discovered one of the most helpful hacks while flying: using an Apple AirTag to keep ...
devdiscourse
1d
Singapore Celebrates One Million Indian Visitors in 2024
This significant achievement occurred when
Singapore
Airlines
flight SQ-421 from Mumbai landed at Changi Airport on ...
1d
Airlines Ground Bali Flights After Volcano Erupts
Airlines cancelled flights to and from the Indonesian resort island of Bali on Wednesday, leaving travellers stranded after a ...
2d
Apple taps Delta, United, other major airlines to help track luggage with AirTags, Find My technology
More than 15 airlines including British Airways, Delta Air Lines, Qantas, United, Virgin Atlantic and more global carriers ...
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