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Singapore Airlines Ltd (SIAL.SI)

SIAL.SI on Stock Exchange of Singapore

9.89SGD
25 May 2017
Change (% chg)

$0.05 (+0.51%)
Prev Close
$9.84
Open
$9.88
Day's High
$9.94
Day's Low
$9.85
Volume
1,569,300
Avg. Vol
1,288,525
52-wk High
$11.21
52-wk Low
$9.60

Latest Key Developments (Source: Significant Developments)

Singapore Airlines CEO says some jobs may be irrelevant due to restructuring
Thursday, 18 May 2017 11:37pm EDT 

May 19 (Reuters) - Singapore Airlines :CEO says group transformation project could yield bold radical measures.CEO says transformation project could mean some jobs may not be relevant any more.  Full Article

Singapore Airlines says SIA Cargo to be re-integrated as division within company
Thursday, 18 May 2017 07:39pm EDT 

May 19 (Reuters) - Singapore Airlines Ltd ::SIA Cargo to be re-integrated as a division within Singapore Airlines .Re-integration is expected to be completed in first half of 2018, when SIA Cargo will become cargo division of SIA.There will be no change to SIA Cargo's operations.Majority of SIA Cargo's nearly 900 employees to be retained in new cargo division; some will be transferred to other SIA divisions.Reintegration is not expected to have a material impact on SIA's financial performance in 2017/18 financial year.  Full Article

Singapore Airlines Q4 net loss S$138.3 million
Thursday, 18 May 2017 05:49am EDT 

May 18 (Reuters) - Singapore Airlines Ltd :Qtrly net loss S$138.3 million versus profit of S$224.7 million a year ago.Q4 revenue S$3,720.0 million versus S$3,719.6 million.Board of directors recommends a final dividend of 11 cents per share for financial year 2016-17.For Q1 of 2017-18 FY, has hedged 39.3% of fuel requirement in MOPS at weighted average price of USD65 per barrel.Intense competition in major markets, alongside geopolitical and economic uncertainty, continue to exert pressure on yields.For full FY, group hedged 20.6% of fuel requirement in MOPS, 20.0% in brent at weighted average prices of USD66 and USD53 per barrel.  Full Article

Singapore Airlines says in April group passenger load factor improved 2.7 percentage points
Monday, 15 May 2017 05:17am EDT 

May 15 (Reuters) - Singapore Airlines Ltd :In april 2017, sia group airlines' passenger load factor (plf) improved 2.7 percentage points to 80.8%..April cargo load factor 3.4 percent, up 2.3 points.In april passenger carriage (measured in revenue passenger kilometres) increased 7.5% compared to last year.  Full Article

Singapore Airlines says Dominic Ho Chiu Fai appointed non-executive director
Friday, 28 Apr 2017 05:06am EDT 

April 28 (Reuters) - Singapore Airlines Limited::Appointment Of Independent Non-executive Director <<>>.Announces appointment of Dominic Ho Chiu Fai to its board as an independent non-executive director.  Full Article

Singapore Airlines Limited announces March 2017 operating results
Monday, 17 Apr 2017 05:45am EDT 

April 17 (Reuters) - Singapore Airlines Limited ::Pdf 1: Singapore Airlines Limited (March 2017 Operating Results) <<>>.In March 2017, SIA Group Airlines' passenger carriage (measured in revenue passenger kilometres) increased by 6.6% compared to last year.March passenger load factor (PLF) rose 1.1 percentage points to 79.7%.March capacity growth (measured in available seat kilometres) of 5.1%.March overall cargo load factor was 3.5 percent points higher."Competitive landscape remains challenging and promotional efforts will continue in relevant markets".  Full Article

Singapore Airlines issues S$700 mln 3.035% notes due 2025
Tuesday, 11 Apr 2017 05:09am EDT 

Singapore Airlines Limited : Issues S$700 Million 3.035% notes due 2025 under S$5 bln multicurrency mtn programme of SIA .Approval in-principle has been obtained for listing and quotation of notes on singapore exchange securities trading ltd.  Full Article

Flexiroam says unit signed partnership agreement with Scoot Tigerair Staff Union
Sunday, 9 Apr 2017 09:09pm EDT 

Flexiroam Ltd : Flexiroam partners with scoot tigerair staff union-frx.ax . its wholly owned subsidiary, Flexiroam Asia Limited has signed a partnership agreement with Scoot Tigerair Staff Union .Flexiroam and STSU will collaborate through sales and marketing campaigns to promote Flexiroam Services to STSU members for a one-year period.  Full Article

Flexiroam says unit signed partnership agreement with Scoot Tigerair Staff Union
Sunday, 9 Apr 2017 07:46pm EDT 

Flexiroam Ltd : Flexiroam partners with scoot tigerair staff union-frx.ax . its wholly owned subsidiary, Flexiroam Asia Limited has signed a partnership agreement with Scoot Tigerair Staff Union .Flexiroam and STSU will collaborate through sales and marketing campaigns to promote Flexiroam Services to STSU members for a one-year period.  Full Article

Singapore Airlines announces launch of S$700 million 3.035 pct notes due 2025
Tuesday, 4 Apr 2017 08:06am EDT 

Singapore Airlines Limited : Proposed Issue Of S$700 Million 3.035% Notes Due 2025 Under S$5b Multicurrency Mtn Programme Of Sia . Launched and priced s$700 million in aggregate principal amount of 3.035 per cent notes due 2025 . Notes will be issued at an issue price of 100% of their principal amount and in denominations of S$250,000 .Notes expected to be issued on 11 april 2017, subject to satisfaction of customary closing conditions, and are expected to mature on 11 april 2025.  Full Article

More From Around the Web

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Singapore Airlines and Cathay fight same headwinds

HONG KONG (Reuters Breakingviews) - Asia’s aviation hub model is showing signs of wear and tear. Chinese competition is hitting both Singapore Airlines and Hong Kong rival Cathay Pacific, and neither has a big domestic customer base to rely on. At least the Singaporeans have a smarter-looking approach to budget travel.