|Bid||10.23 x 0|
|Ask||10.24 x 0|
|Day's range||10.19 - 10.28|
|52-week range||9.60 - 10.85|
|PE ratio (TTM)||35.93|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Singapore Airlines Ltd (SIAL.SI) said on Friday it will finalize an order for 39 Boeing Co (BA.N) aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week. The airline said in February it would order 20 777-9 and 19 787-10 widebodies as part of plans to modernize its fleet over the next decade, but the deal is yet to be finalised and placed in Boeing's order book as a Singapore Airlines order. The deal was viewed as a major blow to Airbus SE (AIR.PA) as it battles against Boeing in the widebody market.
Singapore Airlines Ltd said on Friday it will finalise an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week. The airline said in February it would order 20 777-9 and 19 787-10 widebodies as part of plans to modernise its fleet over the next decade, but the deal is yet to be finalised and placed in Boeing's order book as a Singapore Airlines order. The deal was viewed as a major blow to Airbus SE as it battles against Boeing in the widebody market.
Singapore Airlines Ltd is pursuing more than 50 cost-cutting initiatives including reducing fuel burn and reviewing its relationship with key suppliers as part of a three-year plan to make the airline more competitive, a newsletter to staff shows. Both Singapore Airlines and Hong Kong-based rival Cathay Pacific Airways Ltd have come under pressure due to growing competition from Chinese and Middle Eastern rivals. Singapore Airline set up a dedicated transformation office to review its strategy in May after a surprise fourth-quarter loss although it not released a cost-cutting target.
As Nok Air's new management team waits to learn whether Thai Airways will inject more money in the low-cost carrier, outgoing boss Patee Sarasin insists other partners could be found.
From July 25, Scoot and Tigerair will operate under the Scoot brand and will use a single website, check-in counter and flight designator code
Singapore Airlines has been battling strong competition from Asian low-cost carriers and Middle Eastern airlines, which now boast modern fleets and top-quality inflight services
SINGAPORE/PARIS, Feb 9 (Reuters) - Singapore Airlines (SIA) announced a provisional order worth $13.8 billion at list prices to buy 39 Boeing wide-body planes on Thursday as it battles Gulf carriers, dealing a blow to Airbus in the key market for big twinjets. SIA signed a letter of intent with Boeing for 20 777-9s and 19 787-10s to tap additional passenger growth and to modernise its fleet over the next decade.
Boeing Co (NYSE: BA - news) is the front-runner as Singapore Airlines Ltd is closing in on a 35 wide-body aircraft order amid a battle with Chinese and Middle Eastern carriers, Bloomberg reported, citing sources. Singapore Airlines has for months been weighing the latest model of Boeing's 777, the 406-seat 777-9, against a possible stretched version of the A350 that Airbus is considering building to increase the capacity of its newest jetliner to 400 seats. The carrier is also poised to take at least 19 of the longest Dreamliner model, Boeing 787-10, Bloomberg said.