|Bid||9.04 x 0|
|Ask||9.05 x 0|
|Day's Range||9.04 - 9.15|
|52 Week Range||8.65 - 10.23|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||16.47|
|Earnings Date||Nov 5, 2019|
|Forward Dividend & Yield||0.30 (3.28%)|
|1y Target Est||10.78|
It very well could take you longer to read this story than it would to ride on the world’s shortest scheduled passenger flight. Loganair, a Scottish regional airline, holds that title thanks to its itinerary between Westray and Papa Westray, two of the Orkney Islands located north of Great Britain. The 10,000-mile nonstop voyage on a Boeing (BA) 787-9 from New York to Sydney will be the world’s longest flight.
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Indian airline Vistara expects to grow its fleet size by over a third by the end of this year as it charts an aggressive expansion plan encouraged by the potential of the fast-growing domestic market, its top executive said. The company expects to end 2019 with 41 aircraft, up from 30 at present and 22 at March-end, Chief Executive Leslie Thng said on Wednesday. The carrier, a joint venture between Tata Sons and Singapore Airlines Ltd, completed its first international flight to Singapore on Wednesday.
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Singapore Airlines Ltd's budget offshoot Scoot said on Monday it would convert six Airbus SE A320neo orders to the larger A321neo model and lease another 10 A321neos to help meet the airline's growth goals. Scoot, which has 37 A320neo family jets on order, had once planned to take 14 Boeing Co 737-800s from Singapore Airlines regional arm SilkAir.
Singapore Airlines Ltd's budget offshoot Scoot said on Monday it would convert six Airbus SE A320neo orders to the larger A321neo model and lease another 10 A321neos to help meet the airline's growth goals. "The A321neos will inject growth possibilities to our network plans for 2020 and beyond," Scoot CEO Lee Lik Hsin said in a statement. Scoot, which has 37 A320neo family jets on order, had once planned to take 14 Boeing Co 737-800s from Singapore Airlines regional arm SilkAir.
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Indian full-service airline Vistara said on Thursday it would launch its international flights in August, a year later than anticipated, with Singapore as its first destination. The carrier, a joint venture between Tata Sons and Singapore Airlines Ltd, will launch one daily flight from Delhi and one from Mumbai to the city-state, a popular destination for Indian travellers. The loss-making Vistara airline has said the launch of international flights, which will give it greater scale to grow, is part of its path to profitability.
Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday. The cooperation between the airlines, which split out from Malaysia-Singapore Airlines in 1972, comes amid financial trouble at Malaysia Airlines. The Malaysian government is considering whether to shut, sell or refinance the loss-making national carrier, Prime Minister Mahathir Mohamad said in March.
Singapore Airlines and Malaysia Airlines signed an agreement to partner and expand their existing codeshare ties, the companies said on Thursday. The airlines will explore a partnership to widen their existing codeshare agreement, which currently covers flights between the two countries. New ties could include "a significant expansion of codeshare flights beyond Singapore-Malaysia routes, as well as enhancements on the frequent flyer programme front," both companies said in a joint statement.
Qantas Airways Ltd has asked Airbus SE and Boeing Co to present their "best and final offer" for planes capable of flying 21-hours non-stop from Sydney to London by August, the airline's chief executive said on Monday. "Hopefully by the end of the year ... we will come to a conclusion one way or another," Qantas CEO Alan Joyce told reporters on the sidelines of an airline industry conference in Seoul. Qantas is aiming for the planes to be delivered from late 2022, with the first Sydney-London flights likely in 2023, he said.
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