Cargo demand in the third quarter of FY2022/23 is projected to be weaker year-on-year as this year’s traditional air cargo peak period is expected to be muted
"This is due to the anticipated impact of global economic headwinds on consumer demand, and fewer production orders as importers work on reducing high inventories," says SIA.
The airline warns that high fuel prices, inflationary pressures across the supply chain, geopolitical issues, as well as macroeconomic uncertainties including the risk of a global recession, remain a concern beyond the Lunar New Year period.
"These could pose challenges to passenger and cargo demand across the SIA Group’s key markets."
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Small bull : No wonder SATS can buy such a big competitor when the parent company has such brain.
102863581 Small bull : HAHAHAHAHA WAN LE WAN LE BABI Q LE
Small bull : They should already know that SIA not the only airline in Asia. why they can't think ahead only for few months. They are so short sighted only see few weeks ahead. Or they don't care, just want to pocket some cash first, ignore investors since they had already stucked for years patiencely. Haha
whqqq : Maybe everyone has considered this problem, but if everyone can think of a completely effective solution, they will not worry about the rise or fall of the stock.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
John Meyers : wow