|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.1200 - 3.1600|
|52-week range||2.0200 - 3.6200|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The airline forecast passenger capacity to reach 33% of pre-pandemic levels in the second quarter, and said it would serve at least 50% of locations it did before by the end of September. The airline, like Hong Kong rival Cathay Pacific Airways Ltd, lacks a domestic market and is solely reliant on international travel at a time when most borders remain closed. SIA carried 132,600 passengers in the month of June, an improvement on its June 2020 figures but a 96% fall from the same month two years earlier, before the pandemic hit.
(Bloomberg) -- It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that’s exactly what Singapore state investor Temasek Holdings Pte is attempting to do.As one of the world’s largest institutional investors, its $282 billion portfolio is replete with businesses that contribute to global warming -- from Singapore Airlines Ltd. to Sembcorp Marine Ltd., a supplier of offshore rigs. While peers like Norway’s sovereign wealth fund have used
Singapore Airlines Ltd (SIA), flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they downsize and restructure. The crisis threatened the survival of hub carriers that lack domestic markets such as SIA, Hong Kong's Cathay Pacific Airways Ltd and Dubai's Emirates. Indeed, Singapore Prime Minister Lee Hsien Loong last year said the government would "spare no effort" to ensure SIA made it through the pandemic.