Previous close | 4.6190 |
Open | 4.6190 |
Bid | 4.6070 x 0 |
Ask | 4.6530 x 0 |
Day's range | 4.6190 - 4.6460 |
52-week range | 4.1430 - 5.4320 |
Volume | |
Avg. volume | 33 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 15 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Singapore Airlines is setting the bar high when it comes to bonus payouts.
SEOUL (Reuters) -Air travel demand from China is not back to pre-pandemic levels for Singapore Airlines, but a visa-free scheme for Chinese citizens to the Asian hub has helped fill seats and the airline will add more China capacity this year, its CEO said on Thursday. Global aviation capacity returned to pre-pandemic levels this year, but recovery has been slower in Asia's aviation industry due to still-sluggish international demand in China, the world's second-largest economy. "Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media.
Singapore Airlines said the demand for air travel remained "healthy" in the first quarter of fiscal 2024-2025 on the back of a pick up in forward bookings in North and South East Asia. It also declared a final dividend of 38 Singapore cents apiece, higher than the 28 Singapore cents a year ago. Singapore Airlines, however, expects passenger yields — a measure of average fare paid per mile, per passenger — to continue to moderate as airlines expand capacity, especially in the Asia-Pacific region.