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Singapore Airlines Ltd (SIAL.SI)

SIAL.SI on Stock Exchange of Singapore

10.17SGD
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Singapore Airlines Ltd announces cargo statement on European Commission's decision in air cargo competition law case
Monday, 20 Mar 2017 06:16am EDT 

Singapore Airlines Limited : Singapore Airlines Cargo Statement On Ec Decision In Air Cargo Competition Law Case . European Commission re-adopted a decision in eu air cargo competition law case involving several cargo airlines, including singapore airlines cargo . Singapore Airlines Cargo will study grounds of decision, after which it will consider an appropriate course of action .Financial provision of approximately sgd 111.8 million may be made in financial statements of Singapore Airlines Cargo for current financial year.  Full Article

Singapore Airlines says Feb group airlines' passenger carriage increased by 4.1 pct
Wednesday, 15 Mar 2017 05:11am EDT 

Singapore Airlines Ltd : In February 2017, SIA group airlines' passenger carriage (measured in revenue passenger kilometres) increased by 4.1% . Feb passenger load factor (plf) rose 2.4 percentage points to 80.7%. .Feb cargo load factor increased by 2.4 percentage points, as CLF improved in East Asia, America and Europe..  Full Article

Singapore Airlines says SIA And Silkair to fold surcharges into base airfares
Wednesday, 1 Mar 2017 04:24am EST 

Singapore Airlines Limited : SIA And Silkair to fold surcharges into base airfares . Singapore Airlines and regional arm Silkair are to fold fuel and insurance surcharges into base airfares . Codeshare flights operated by other airlines may still include surcharges . Fuel & insurance surcharges will no longer apply to Krisflyer frequent-flyer programme redemption bookings, with effect from 23 March .Other changes will be made to Krisflyer programme with effect from same day, including removal of 15 pct discount for redemption bookings made online.  Full Article

Singapore Airlines agrees to place $13.8 bln order with Boeing
Thursday, 9 Feb 2017 04:05am EST 

Singapore Airlines Ltd : agreed to place firm orders with Boeing for 20 777-9s and 19 787-10s, for additional growth and fleet modernisation through next decade . Proposed order, is valued at $13.8 bln based on published list prices . 777-9s are due for delivery from 2021/22 financial year and 787-10s for delivery from 2020/21 financial year. . SIA has selected Rolls-Royce Trent 1000 to power 787-10s, which are to be operated on medium-range routes .signs LOI with US airframe manufacturer comprising 39 firm orders plus six options for each aircraft type, if exercised will enlarge deal to as many as 51 aircraft.  Full Article

Boeing is front-runner for $13.8 bln Singapore Air order - Bloomberg
Wednesday, 8 Feb 2017 05:00pm EST 

:Boeing is front-runner for $13.8 billion Singapore Air order - Bloomberg, citing sources.  Full Article

Singapore Airlines posts 35 pct fall in Q3 net profit
Tuesday, 7 Feb 2017 04:23am EST 

Singapore Airlines Ltd : Qtrly revenue S$3.84 billion versus S$3.94 billion a year ago . Qtrly net profit S$177.2 million versus S$274.9 million a year ago . 2017 is expected to be another challenging year . Fuel prices have trended upward since last quarter and are expected to remain volatile as uncertainty lingers around global oil production output . Loads and yields for both passenger and cargo businesses are projected to remain under pressure . Will maintain vigilance over its costs, and its strong balance sheet positions it well to weather many challenges ahead . For Q4 of financial year, hedged 37.4% of jet fuel requirements in singapore jet kerosene (MOPS) at a weighted average price of USD67 per barrel .Entered longer dated Brent hedges with maturity extending to 2022, at average prices ranging from USD53 to USD59 per barrel.  Full Article

Singapore Airlines says Dec passenger load factor rose 0.6 percentage points to 82.9 pct
Monday, 16 Jan 2017 04:11am EST 

Singapore Airlines Ltd : in December 2016, SIA group airlines' passenger carriage (measured in revenue passenger kilometres) increased by 5.3% compared to last year . Dec passenger load factor rose 0.6 percentage points to 82.9% .Cargo load factor was 1.5 percentage points higher in Dec.  Full Article

Tiger Airways says unit to divest 10 pct stake in Tigerair Taiwan to China Airlines
Wednesday, 14 Dec 2016 04:06am EST 

Tiger Airways Holdings : Unit divests stake in Tigerair Taiwan . Says unit to sell its 10 percent stake in Tigerair Taiwan to China Airlines Limited .Says Tigerair Taiwan will cease to use Tigerair website as its sales and distribution platform.  Full Article

Singapore Airlines says Oct group passenger airlines' passenger carriage increased by 0.8 pct
Tuesday, 15 Nov 2016 04:38am EST 

Singapore Airlines Ltd : in october 2016, sia group passenger airlines' passenger carriage (measured in revenue passenger kilometres) increased by 0.8% . oct passenger load factor (PLF) fell 2.1 percentage points to 76.7% .Oct cargo load factor (CLF) was 1.2 percentage points higher.  Full Article

Singapore Airlines says Peter Seah Lim Huat will succeed Stephen Lee Ching Yen as non-executive chairman
Friday, 11 Nov 2016 04:17am EST 

Singapore Airlines Limited : Cessation Of Independent Non-executive Chairman And Director . Peter Seah Lim Huat will succeed Stephen Lee Ching Yen as its non-executive chairman. .Seah, currently deputy chairman, will take over from Lee as chairman on 1 january 2017..  Full Article

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