$SIA (C6L.SG)$ A number of airlines are rerouting or avoiding trouble spots in a series of decisions that will prolong flight times and add to fuel costs. They include Qantas Airways $Qantas Airways Ltd (QAN.AU)$ , Singapore Airlines and Deutsche Lufthansa $Deutsche Lufthansa AG Sponsored ADR (DLAKY.US)$ .
Singapore Air said that its flights were not overflying Iranian airspace.

$SIA (C6L.SG)$
SIA will suspend flights to Chengdu and Chongqing from Mar 31, just five months after resuming services to these Chinese cities.
The decision, attributed to regulatory reasons, affects daily flights to Chengdu and thrice-weekly flights to Chongqing.
SIA emphasized China's significance as a market and pledged to collaborate with authorities while adjusting its network and capacity.
This suspension follows simi...

$SIA (C6L.SG)$
Singapore Air’s Group Airlines Passenger Load Factor for February was 86.3%.
The Group carried a total of 3.06 million passengers during the month.
The Group’s Cargo Load Factor was reported at 56.7%.
The total cargo and mail handled by the Group amounted to 76.9 million kg.
There was a significant increase in the available seat-kilometres (ASK) with a growth of 20.7%.
Th...

$SIA (C6L.SG)$
SINGAPORE Airlines (SIA) has priced US$500 million of 10-year bonds at a yield of 5.296%.
The fixed-rate notes will bear a coupon of 5.25% per annum until their maturity on Mar 21, 2034, paid semi-annually.
DBS and Citigroup are joint global coordinators, with HSBC and JPMorgan as joint bookrunners.
The yield represents a spread of 110 basis points over 10-year US Treasuries.
Proceeds will fund aircraft purc...

$SIA (C6L.SG)$
CITI Research expects Singapore Airlines’ (SIA) share price to face continued pressure in the final quarter of its financial year due to rising unit costs, excluding fuel, in line with management guidance.
In a report on Wednesday (Mar 6), the research house downgraded its rating on the stock to “neutral” from “buy” and slashed its target price to S$6.63 from S$7.72.
This decision followed SIA's Q3 ...

$SIA (C6L.SG)$
Singapore Air reported a net income of S$658.7 million in the third quarter.
The company’s revenue reached S$5.08 billion during the same period.
Operating profit stood at S$609.0 million.
The basic earnings per share (EPS) was S$0.160.
There were mixed opinions from market analysts with 4 buys, 5 holds, and 3 sells.

$SIA (C6L.SG)$
Owing to the size of Singapore Airlines, we wouldn't expect insiders to hold a significant proportion of the company. But we are reassured by the fact they have invested in the company. To be specific, they have S$64m worth of shares. This considerable investment should help drive long-term value in the business. Even though that's only about 0.2% of the company, it's enough money to indicate alignment ...

$SIA (C6L.SG)$
Commendations have to be given in seeing that Singapore Airlines grew its EPS from S$0.12 to S$0.65, in one short year. Even though that growth rate may not be repeated, that looks like a breakout improvement. This could point to the business hitting a point of inflection.
One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are c...

$SIA (C6L.SG)$ $UOB (U11.SG)$
Singapore Airlines KrisFlyer members in Thailand now have the ability to earn miles faster as the program just launched a new set of credit cards in cooperation with UOB Thailand.
You can find the two card products on UOB’s website here.
Two different cards are available under the new portfolio, one Mastercard World and a more premium version that comes as a Mastercard World Elite.
He...

$SIA (C6L.SG)$
Singapore Airlines (SIA) posted a 15.8 per cent increase in passenger traffic in December 2023 during the year-end peak travel season.
The airline’s revenue passenger kilometres, which indicates the number of passengers carried multiplied by the distance flown, rose 15 per cent to 10.1 billion in December 2023 from 8.8 billion the year prior.
Passenger capacity outpaced passenger traffic at 16.1 p...