Singapore Airlines issued a warning on future turbulence despite seeing a profit jump of 181%. Bloomberg's Kyunghee Park reports on "Trending Business." (Source: Bloomberg)
- Barrons.com•11 days ago
Asia's largest international airline by passengers Cathay Pacific (293.Hong Kong) fell 2.7% to trade at 12.22 Hong Kong dollars this morning after its CEO said the company's first-half performance was "below expectations". In June, Cathay Pacific and Dragonair carried a total of 2.9 million passengers, only a 2.1% increase compared to a year ago. While the passenger load factor fell by 1.7% to 85.5%, the airlines' capacity - measured in available seat kilometers - grew by 3.3%.
Singapore Airlines LimitedSES
|52wk Range||9.57 - 11.67|
|Day's Range||10.90 - 11.09|
|Avg Vol (3m)||1,939,785|
As of 5:04 AM EDT. Market closed.