Streetbeat News

SINGY

Singapore Airlines Limited

http://www.singaporeair.com/

CEO

Choon Phong Goh

Open

10.12

Mkt cap

15B

Volume

69K

High

10.12

P/E Ratio

7.73

52-wk high

10.75

Low

10.07

Div yield

0.07

52-wk low

8.63

Singapore Airlines' Q2 FY25 net profit increased significantly due to a non-cash gain from the Air India-Vistara merger. Despite stable operating margins, rising costs and declining unit revenues weaken its investment appeal. The stock is upgraded from sell to hold due to its discount to peers.

Portfolio Pulse from

February 24, 2025 | 10:30 pm

Singapore Airlines shares fell 6% after reporting a nearly 50% drop in net profit for April to September, due to lower yields and increased competition.

Portfolio Pulse from

November 11, 2024 | 2:30 am

Cathay Pacific's A350 fleet faced an engine issue, prompting Airbus and Rolls-Royce to address the situation. While no global inspections are currently advised, the final decision lies with regulators. Airlines like Singapore Airlines and Japan Airlines are conducting precautionary checks. The incident involved a fuel leak in a Rolls-Royce engine, and Cathay Pacific plans to resume operations after repairs.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 1:02 pm

Singapore Airlines (OTC:SINGY) has offered up to $25,000 in compensation to passengers after a fatal turbulence incident. The airline is addressing the aftermath by providing immediate financial assistance, covering medical expenses, and revising safety policies.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 5:57 am

Singapore's state investor Temasek Holdings is planning to divest a 1.85% stake in Singapore Airlines Ltd. (OTC:SINGY) for around $296 million. The shares are priced between S$7.202 and S$7.283 per share, representing a 3% and 4% discount to the last close. Temasek will remain a major shareholder in Singapore Airlines with a 53.5% stake.

Portfolio Pulse from Nabaparna Bhattacharya

June 28, 2023 | 2:38 pm

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