ZnWC commented on a stock · Jun 17, 2023 09:59

Interview with SIA CEO revealed airline's long term strategic initiatives

This article revealed 2 important long term strategic initiatives of SIA which will differentiate the company from other airlines. While holding SIA shares, it's good to understand the company's fundamental so that you'll not be emotionally affected by FUD rumours.

Quote:

What are your focus areas now? We were also looking at what needs to be done, some of the strategic initiatives that we will want to continue to push, that would support the SIA group’s growth and new opportunities beyond the recovery period. An example is our involvement with Tata Group in the Air India deal. We intend to work with Tata and allow Vistara to be merged into Air India, and in return, with some additional cash payment, to get 25.1% of Air India...

How important is IT and digitalization? It is an important strategic initiative to make Singapore Airlines one of the most digital airlines in the world. Everyone at SIA is able to acquire a digital mindset and culture. It’s about getting people more comfortable with digital tools, building our own digital talents and recognizing that we don’t have all the solutions ourselves, so we need to use other partners and startups.

Source:

CEO Interview: Singapore Airlines CEO Goh Choon Phong | Aviation Week Network

$SIA(C6L.SG)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more