|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.50 - 14.60|
|52 Week Range||12.87 - 17.54|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||25.80|
|Forward Dividend & Yield||0.23 (1.64%)|
|1y Target Est||N/A|
Southeast Asia’s online travel unicorn Traveloka has introduced tours and activities on its platform but beyond eyeing bookings from travelers, it is targeting the domestic market to book not just flights, hotels, and tours and activities, but everything that fulfills so-called lifestyle needs. This includes food, beauty, spas, and movies. The dawning of travel and […] The post Southeast Asia’s Online Travel Agency Traveloka Moves Into Food and Wellness Choices appeared first on Skift.
SINGAPORE (AP) — Singapore Airlines has grounded two of its Boeing 787-10 aircraft due to engine issues, the carrier said Tuesday.
Singapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines after checks of its fleet found premature blade deterioration. The jets have been removed from service pending engine replacement, the airline said in a statement. The Trent 1000 TEN is the latest version of an engine that has had a problematic entry into service.
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.
Airlines and industry in Asia are busy figuring out what the grounding of the 737 Max 8 planes made by The Boeing Co. China was the first nation of 42 globally to order all 737 Max 8 planes to keep their wheels on the ground. Boeing has received 4,661 orders for the planes, according to the brokerage Nomura.
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.
Singapore Airlines says: SilkAir is temporarily withdrawing Boeing 737 MAX 8 fleet from service, has six planes
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.
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 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 ...
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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.
Singapore Airlines recently launched a 19-hour nonstop flight between New York City to Singapore — and some hardy business travelers can't wait
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Historically, Singapore Airlines Limited (SGX:C6L) has been paying Read More...
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.