$SIA (C6L.SG)$ With more positive news, SIA could bounce off...

Singapore companies are paying up to 50% more for air freight as compared with the beginning of 2024, the analyst notes. Given Red Sea attacks and ocean freight disruptions, air freight rates may stay high during 2H, hence supporting SIA's FY 2025 earnings, the analyst says. SIA may also benefit from potentially slower moderation in passenger yields, as Airbus' and Boeing's delays in new aircraft deliveries may keep industry's capacity supply tight for longer, the analyst adds.