|Bid||3.8800 x N/A|
|Ask||3.8900 x N/A|
|Day's Range||3.8500 - 3.9200|
|52 Week Range||2.7800 - 4.4200|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||21.44|
|Earnings Date||Feb 22, 2021 - Feb 26, 2021|
|Forward Dividend & Yield||0.15 (3.85%)|
|Ex-Dividend Date||Aug 21, 2020|
|1y Target Est||3.96|
Singapore's ST Engineering and its joint venture with Airbus said they would set up new sites in China, Germany and the United States by 2023 to convert A321 passenger planes to freighters after the first one entered service with Qantas on Tuesday. Singapore Technologies Engineering Ltd <STEG.SI> and its Elbe Flugzeugwerke GmbH (EFW) JV with Airbus SE <AIR.PA> plan to expand beyond Singapore allowing it to convert around 25 planes each year to meet rising demand for dedicated cargo aircraft, they said in a statement.
Boeing Co said on Sunday a customer had ordered two converted 737-800BCF freighters and that it had signed agreements to open additional cargo conversion lines in Guangzhou, China, and Singapore to meet demand for express traffic and e-commerce. The air freight market has outperformed the passenger market because of restrictions put in place to control the coronavirus pandemic that have severely limited passenger travel. Boeing said the 737-800BCF converted freighter, based on the generation of the popular narrowbody made before the grounded 737 MAX, now had 134 orders and commitments including the purchase by the unidentified customer.
Whilst it may not be a huge deal, we thought it was good to see that the Singapore Technologies Engineering Ltd...