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Goldfinger Supreme	01-Aug-2020 10:38        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA Pilots still think they are King of the Skies and top tier in society. Arrogant. uiop1223      ( Date: 01-Aug-2020 08:06) Posted: Someone ask why so much hated with the pilots? This attitude is exactly why these pilots should be screwed hard. Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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muifan Supreme	01-Aug-2020 10:04        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	The airline did not retrench people yet as the govt is supporting 75% of the salaries of the employees. But this help will expire in Aug. I think if covid is still around for the next few mths, the airline will not be able to sustain but to retrench
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vicloo Supreme	01-Aug-2020 09:35        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm... But he cant predict the pandemic... For the cost control... I think SIA under gov pre-election campaign.... To save jobs, SIA hands tighted to layoff. 😑 uiop1223      ( Date: 01-Aug-2020 08:28) Posted: He shld be paid by MBCs only. Make sure SIA survives for next 10yrs and for the value destruction he bought to sharehilders. He engages in excessive risk taking by hedging oil on the upside and neglects the probability that oil will drop. Its similar to US banks who aggressively take risks to earn as much profit as they can, when things dont go well, ask for bailout. In fact, he should be accountable and resign. Strange culture in singapore where people are responsible for a lot of things to justify salary but not accountable. ssw518      ( Date: 01-Aug-2020 08:19) Posted: Should punish the CEO too, cut this base on percentage of service ground. or pay him base on percentage base on operating servise so he work hard for the big pay check
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uiop1223 Supreme	01-Aug-2020 08:28        uiop1223 About Contact  Quote this Post!
x 1   x 1  Alert Admin	He shld be paid by MBCs only. Make sure SIA survives for next 10yrs and for the value destruction he bought to sharehilders. He engages in excessive risk taking by hedging oil on the upside and neglects the probability that oil will drop. Its similar to US banks who aggressively take risks to earn as much profit as they can, when things dont go well, ask for bailout. In fact, he should be accountable and resign. Strange culture in singapore where people are responsible for a lot of things to justify salary but not accountable. ssw518      ( Date: 01-Aug-2020 08:19) Posted: Should punish the CEO too, cut this base on percentage of service ground. or pay him base on percentage base on operating servise so he work hard for the big pay check
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ssw518 Supreme	01-Aug-2020 08:19        ssw518 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should punish the CEO too, cut this base on percentage of service ground. or pay him base on percentage base on operating servise so he work hard for the big pay check
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uiop1223 Supreme	01-Aug-2020 08:06        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Someone ask why so much hated with the pilots? This attitude is exactly why these pilots should be screwed hard. Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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uiop1223 Supreme	01-Aug-2020 08:04        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Eh.. like his father? I dont have much confident in him. Cannot even handle internal family affairs. Xia suay the whole Country. Maybe his wife more gangster, can tame the pilots. incirent      ( Date: 01-Aug-2020 03:04) Posted: It is not necessary to start a new airlines with another name. What SIA needs to do is to do a thorough assessment of the company and if necessary implement some drastic improvements. SIA will ultimately survive and prosper. ALPA-S' s refusal to accept SIA' s proposal is greatly influenced by large number of foreign pilots. If this cannot be settled, just like his father, Xian Loong will have to step in. In the end, Alpa-S will bow.
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incirent Senior	01-Aug-2020 03:04        incirent About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is not necessary to start a new airlines with another name. What SIA needs to do is to do a thorough assessment of the company and if necessary implement some drastic improvements. SIA will ultimately survive and prosper. ALPA-S' s refusal to accept SIA' s proposal is greatly influenced by large number of foreign pilots. If this cannot be settled, just like his father, Xian Loong will have to step in. In the end, Alpa-S will bow.
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mrscoop Member	31-Jul-2020 22:27        mrscoop About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore needs aviation industry. That one is confirm. Whether its SIA, Or we let SIA collapse and we get a new major airline called Sinkie Airlines which can operate which a cleaner and healthier balance sheet is a different question altogether.
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simpleguy123 Elite	31-Jul-2020 22:20        simpleguy123 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Dejavu.....someone tell them to go f*** themselves. Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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investor999 Elite	31-Jul-2020 22:11        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You made the correct choice to buy the MCB..Some investors might have sold to you to support the main share, which did not seem the correct decision on hind sight. uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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investor999 Elite	31-Jul-2020 21:39        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Be careful..There may seems bearish breakout coming. That is because CIMB made a wrong bet and turned around. Have to wait for Monday to see if the breakout is real or fake uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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Goldfinger Supreme	31-Jul-2020 21:14        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	They should just fire half of the redundant Pilots. There are many from others countries willing to work for less now.
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mrwise Supreme	31-Jul-2020 21:03        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	better dont use tax payer money to bail it out again... JerryMaple      ( Date: 31-Jul-2020 19:52) Posted: Hmmm...Ok refuse to paycut...Good luck to the investors... Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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Acl2013 Veteran	31-Jul-2020 20:12        Acl2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Citibank on 05/09/2011 That was a 1 for 10 reverse split. 09/03/2009 Citibank trading at U$0.97  You mention 2 become 50 is wrong info, U$50.87 it is after reverse split price, if with out reverse split, now is U$5.087 only. SQueeze      ( Date: 31-Jul-2020 16:10) Posted: Wow. Citibank was $2 ...  Now it' s $50.  For SIA, i feel it is critical national infrastructure and is critical to the entire Singapore' s economic system. It will not be let to fail. If it fails, Singapore fails as a country. We depend so much on the world and connectivity to the world is critical. It has higher survival chance also because other airlines will fail first such as MAS, TG, even Air Asia. Competition will be lesser. Only the strongest  and fittest will survive.  SIA' s chance to survive is there, but I think they have not taken enough hard actions rationally - the reality is for the aviation industry, this crisis is going to be minimum 2 years, and now they even make it known no return to normalcy until 2024. No way that you can carry all the staff until then. Some lay-offs should be inevitable. Other airlines are doing it. Other industries are doing it. Why not SIA.  Personally, i think the price is getting attractive but I am staying away from it, because even if this is the bottom, it is going to just range within the band for a year or two at least. Money can work harder in other counters. Earlier a few weeks back, I thought may be the U-shape bottom is coming, but after they said they could only recover 50% by next March, then the situation is really jialat and if they don' t remove their baggage, then I think it' s really not right. They have to face it, and the share price will show it, it will not be a U-shape, it will be a flat-bottomed drain channel. $3 may be the bottom but it will just range for a very very long time. if buy now, can, but don' t look at it again until 2026.  In 4 years, human behaviour will change also, this situation is transformative just like when smart phones entered the marked. Cannot assume what it was before would be the same. For example a portion of business travel will not be backbut leisure travel will. They have to redo their cabins from the front heavy to the middle heavy. They really need to start afresh from the drawing board. Or else it will continually be a sinking ship if trying to live its former life. Better take some serious self-introspection, and transform before it' s too late.  KiasiGuy      ( Date: 31-Jul-2020 14:11) Posted: You don?t worry. SIA is safe. SIA stands for Singapore aviation hub, business financial center, air transport hub, tourism hub and everything Singapore is. It has the backing of Temasek, MAS, GIC etc In 2008 I bought Citibank for USD$2. Everyone say it is going to end up like Lehman brother. I scared until I sold at $4. Dun listen to these people. Keep a cool head and think. Our minister of transport already said the entire government t priority now is to reinstate our aviation hub Status- straits times 30th July 202
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JerryMaple Veteran	31-Jul-2020 19:52        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmmm...Ok refuse to paycut...Good luck to the investors... Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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vicloo Supreme	31-Jul-2020 19:14        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need to beat anyone.... Gov already did a lot for SIA for longer than any other airlines in the world. See what happened to Delta air layoff 17,000 staff. https://www.cnbc.com/2020/07/30/delta-ceo-sends-staff-memo-thanking-17000-employees-for-leaving.html?__source=androidappshare backdoorbandit      ( Date: 31-Jul-2020 19:02) Posted: In this country being an Island we fly, thats the bottom line, no one is gonna take a sampan anywhere except to batam and bintan. Eventually SIA will be back, but right now its not moving anywhere fast. ALPA-S dun forget once upon a time got beaten good and proper by LKY, not sure if the current govt has the balls to beat them down the same way.
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backdoorbandit Member	31-Jul-2020 19:02        backdoorbandit About Contact  Quote this Post!
x 0   x 0  Alert Admin	In this country being an Island we fly, thats the bottom line, no one is gonna take a sampan anywhere except to batam and bintan. Eventually SIA will be back, but right now its not moving anywhere fast. ALPA-S dun forget once upon a time got beaten good and proper by LKY, not sure if the current govt has the balls to beat them down the same way.
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SQueeze Master	31-Jul-2020 18:59        SQueeze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really selfish and arrogant - can' t be more disappointed.  mrwise      ( Date: 31-Jul-2020 18:55) Posted: --- Post Removed by User ---
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mrwise Supreme	31-Jul-2020 18:58        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	it is never a good news....dont console urself...company facing huge losses with no bright light ahead.....The share price should erode further.... trade with caution.... better run or stay away from this counter... better counters around... vicloo      ( Date: 31-Jul-2020 17:25) Posted: Good news Tough times for SIA, but analyst says it may be in better position than its peers https://www.cnbc.com/2020/07/31/singapore-airlines-outlook-is-tough-but-may-be-in-better-position-than-peers.html?__source=androidappshare
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