|Bid||9.58 x 0|
|Ask||9.59 x 0|
|Day's Range||9.56 - 9.68|
|52 Week Range||9.14 - 11.84|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||32.29|
|Earnings Date||May 16, 2019|
|Forward Dividend & Yield||0.38 (3.90%)|
|1y Target Est||10.78|
SINGAPORE/ADDIS ABABA March 25 (Reuters) - Boeing Co said it invited more than 200 global airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service. The meeting is a sign that Boeing's planned software patch is nearing completion, though it will still need regulatory approval. Over the weekend, Ethiopian Airlines executives had questioned whether Boeing had told pilots enough about "aggressive" software that pushes the plane's nose down, a focus of investigation into a deadly crash in Ethiopia this month that led to the global grounding of 737 MAX jets.
Hong Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a "unique market segment" it does not capture at present, Chief Executive Rupert Hogg said on Monday. Cathay this month said it was in "active discussions" to acquire the airline controlled by HNA Group Co Ltd.
In 2014, following the loss of planes and lives in the MH370 disappearance and the tragic downing of MH17 over Ukraine, Khazanah announced a restructuring intended to make the airline profitable by 2018. It’s failed for one central reason: Malaysia Airlines remains a state-owned flag carrier, slow-moving and burdened by political expectations.
Indian airlines are turning to the international market for better returns at a time when aviation consultancy CAPA India estimates the sector will post a collective loss of $1.7 billion for the financial year ending March 31. The Business Standard newspaper reported earlier on Wednesday that Vistara had sought permission to operate flights between Delhi and Colombo seven days a week.
Australia's civil aviation safety authority suspended Boeing Co 737 MAX aircraft from flying to or from Australia, following fatal crashes involving the U.S. planemaker's latest model in Indonesia and Ethiopia. "This is a temporary suspension while we wait for more information to review the safety risks of continued operations of the Boeing 737 MAX to and from Australia," Australia's Civil Aviation Safety Authority CEO Shane Carmody said in a statement.
Singapore Airlines says: SilkAir is temporarily withdrawing Boeing 737 MAX 8 fleet from service, has six planes
The Civil Aviation Authority of Singapore said it has temporarily suspended operation of all variants of the Boeing Co. 737 MAX aircraft into and out of Singapore after two fatal accidents involving the ...
The International Air Transport Association (IATA) on Tuesday nearly halved its annual forecast for traffic growth in the air cargo market to 2 percent citing trade frictions, Brexit and anti-globalisation rhetoric. "Developments in the political climate are not going in our favour," IATA Director General Alexandre de Juniac said at an air cargo conference in Singapore. Weaker global economic activity and consumer confidence led to a 1.8 percent fall in global air freight traffic in January, marking the worst monthly performance in three years, IATA said last week.
Star Alliance is thinking beyond air. It is exploring technologies that will allow frequent flyers to redeem miles not just for flights and upgrades but home stays, tours and activities, even underground train tickets. While this may sound like a yawn, it is big deal for airlines, where it is still not even possible for […] The post Star Alliance Explores a Broader Loyalty Proposition Beyond Airlines appeared first on Skift.
Thousands of travellers were stranded in Bangkok on Thursday when Thai Airways International cancelled more than a dozen flights to and from Europe after Pakistan closed its airspace amid rising tensions with India. Thai Airways flights resumed by Thursday afternoon after the airline secured permission to reroute flights over Chinese airspace, but it could take up to three days to clear a backlog of 3,000 passengers, an airline official said. Flights to and from London, Munich, Paris, Brussels, Milan, Vienna, Stockholm, Zurich, Copenhagen, Oslo, Frankfurt and Rome had been scheduled to fly over Pakistani airspace on Thursday, Thai Airways said in a statement.
Thai Airways International said on Thursday it had cancelled more than a dozen flights to Europe after Pakistan closed its airspace amid rising tensions with India, with both claiming to have shot down the other's military jets. Thai flights to and from cities in Europe were cancelled because they had been scheduled to fly over Pakistani airspace on Thursday, Thai Airways said in a statement. In addition, all flights to and from Pakistan were cancelled on Thursday, the airline said.
Several airlines, including Emirates and Qatar Airways, suspended flights to Pakistan on Wednesday after the South Asian nation closed its air space following heightened tensions with neighbouring India. Etihad, flydubai, Gulf Air, SriLankan Airlines and Air Canada also suspended services to the country and flight tracking portals showed Singapore Airlines, British Airways and others were forced to reroute flights. Airlines flying over India and Pakistan to Europe, the Middle East and Asia were disrupted and some flights were routed through Mumbai on India's western coast, so they could head further south and avoid Pakistan air space, an Indian government official told Reuters.
* Singapore, Thailand slip after disappointing factory data * Vietnam stocks fall, snap six straight sessions of gains By Shriya Ramakrishnan Feb 26 (Reuters) - Most Southeast Asian stock markets fell ...
Singapore Airlines reported third-quarter earnings that came in above expectations despite a 27 percent drop in net profit compared to the year-ago period.
SINGAPORE (Reuters) - Singapore Airlines Ltd on Thursday reported a 27 percent fall in third-quarter net profit but beat expectations as revenue growth helped offset higher fuel costs. The airline made ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate Singapore Airlines Limited (SGX:C6L)Read More...
Delays in regulatory approvals for international flights have had only a limited impact on Indian airline Vistara's business, the chief executive of the Tata Sons and Singapore Airlines Ltd joint venture said on Tuesday. In June, the airline met the requirement of having more than 20 jets needed for international flights and hoped to launch them last year, however, it is yet to receive the necessary regulatory approvals. Indian airlines are turning to the international market in search of better returns at a time when CAPA India, an aviation consultancy, estimates the sector will post a collective $1.7 billion loss for the financial year ending March 31.
Delays in regulatory approvals for international flights have had only a limited impact on Indian airline Vistara's business, the chief executive of the Tata Sons and Singapore Airlines Ltd joint venture ...
Many major companies, like Air Canada, Hollister and Expedia, are recordingevery tap and swipe you make on their iPhone apps
Lufthansa Group opened the first foreign offshoot of its innovation hub last week in Singapore, focusing on the future of work and how it might transform business travel. As well, it dove into the future of travel mobility. The very next day, Singapore Airlines opened KrisLab, which will look at technology such as blockchain, mixed […] The post Legacy Airlines Look to Asia for Travel Technology Innovations appeared first on Skift.
* Huawei charges weigh on U.S.-China relations * Thailand snaps 9 straight sessions of gains By Mensholong Lepcha Jan 29 (Reuters) - Most Southeast Asian stock markets closed lower on Tuesday, with Malaysia ...
Brendan Sobie of CAPA Centre for Aviation says SIA's profitability was "better than expected," and he is observing some encouraging trends for the airline.