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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.
The Independent Singapore
1h
“The root cause is coming from the supply chain”— Supply chain challenges strain Asia’s airlines
Engine maintenance times have reached record lengths, causing airlines to reduce flights, move parts between planes, and ...
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 ...
executivetraveller
15h
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 ...
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 ...
11d
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 ...
10d
on MSN
Singapore Airlines will add first class, revamp cabins for longest flights
Singapore Airlines will add a first class to its ultra-long-range aircraft and increase the number of business class seats in ...
eVnExpress on MSN
2d
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 ...
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 ...
7h
Virgin says Singapore Airlines Velocity perk will stay in Qatar tie-up
The ACCC review process got heated as Virgin faces a Christmas deadline to start selling seats for June 2025 travel.
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