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SIA revived
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Joelton
Supreme |
18-Oct-2021 09:26
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SIA sees moderate uptick in September passenger traffic on VTL tailwind
  SIA' s total passenger traffic rose by 4.4 per cent in September, on strong demand for its Frankfurt and Munich VTL flights.
  The vaccinated travel lane (VTL) arrangement has helped to lift demand for Singapore Airlines (SIA), as the designated carrier for the quarantine-free travel arrangement reported an uptick in passenger traffic and group passenger load factor.
 
The flag carrier noted in its filing of operating statistics to the Singapore Exchange on Friday that Singapore' s first VTLs with Brunei and Germany last month have boosted demand, especially to the European country.
 
The group' s total passenger traffic rose by 4.4 per cent in September, while its group passenger load factor improved by 1 percentage point month-on-month to 18.5 per cent, on the back of strong demand for the Frankfurt and Munich VTL services.
 
The passenger load factor, which measures the percentage of available seating capacity filled by paying passengers, was 1.3 percentage points higher year-on-year, driven by stronger demand for flights to Europe and the Americas, SIA elaborated.
 
But the carrier' s cargo load factor at 87.4 per cent was 1.6 percentage points lower year-on-year as SIA expanded its capacity by about 57 per cent and loads (freight tonne-kilometres) rose by about 54 per cent.
 
The group expects its passenger capacity to reach around 37 per cent of pre-Covid-19 pandemic levels by December, according to its current published schedule. The passenger capacity, SIA reported, was at 32 per cent last month.
 
The group' s VTL services will cover a total of 17 cities as Singapore has expanded travel arrangement to another nine countries, including Britain and the United States. SIA will put its Airbus A380 planes on the flights to London from Nov 18.
 
In addition, SIA stated that it will add transpacific and transatlantic services with the resumption of Frankfurt-New York and Hong-Kong-San Francisco flights from early next month.
 
Scoot, the low-cost carrier in the mainboard-listed airline group, will resume services to Phuket, Thailand, and Jeddah, Saudi Arabia, this month.
 
At the end of last month, the SIA group&rsquo s passenger network covered 65 destinations including Singapore. SIA flights to Surabaya, Indonesia, were temporarily suspended due to airport closure, and operations to Nanjing, China, and West Asia remain suspended until further notice.
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TigerPlay
Master |
18-Oct-2021 08:49
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Look set to cheong like tat, very fierce one....our surprise if hit $7 soon
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TA_Expert
Supreme |
17-Oct-2021 21:14
Yells: "The World has changed" |
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SIA is going to $6 very soon. All the flights to Germany and UK full house. Traveling has started. Nobody cares about the virus anymore since most people are vaccinated. Even you get covid, it will be like flu, rest 3 days and you will recover. |
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ROUTE66
Member |
16-Oct-2021 23:54
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😂 thank you Investor999 ! Can I presume that they are the so-called BBs ?   Btw, congratulations to you for having made some money over the past few days.   Patience has paid off for those vested in SIA like you and I.   Cheers!
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investor999
Elite |
16-Oct-2021 22:43
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庄 家 ( The Banker )  能 影 响 金 融 证 卷 市 场 行 的 大 户 投 资 者
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ROUTE66
Member |
16-Oct-2021 22:16
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Who is Chng Kay ?
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honesty
Master |
16-Oct-2021 17:56
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oil price has risen crazily, wonder if sia did any hedging last few weeks, otherwise with 37% rise in ridership wont help since oil price would have accounted for all the profits made during the vtl | ||||
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lp2000
Elite |
16-Oct-2021 16:08
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EXTRAS FROM SGX announcement on 15/10/2021: In October 2021, Singapore announced that its VTL arrangements would be expanded to include nine more countries (Canada, Denmark, France, Italy, the Netherlands, South Korea, Spain, the United Kingdom and the United States of America). This further supports the safe and gradual recovery in international air travel to and through Singapore. With the commencement of the seasonal services to Vancouver and Seattle (from 2 December 2021 to 15 February 2022, pending regulatory approval),  and Scoot&rsquo s direct  VTL services to Berlin (from 19 October 2021, pending regulatory approval), the SIA  Group&rsquo s VTL network  will serve 17 cities. In addition, SIA will add trans-Pacific and trans-Atlantic services with the resumption of Frankfurt-New York and Hong-Kong-San Francisco flights from early November 2021. SIA will also resume A380 operations to London from 18 November 2021. Scoot will resume services to Phuket (8 October 2021) and Jeddah (21 October 2021). Based on our current published schedule, the Group expects passenger capacity to reach around 37% of pre-Covid levels by the third quarter of FY2021/22.
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RTan90
Member |
16-Oct-2021 14:22
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i expect some  retract these 2 weeks before it go further, wait for  chng-kay to accumulate (based on the volume distribution seems like they are taking profit) | ||||
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investor999
Elite |
15-Oct-2021 21:00
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This chng Kay pushed up from 5.39 to 5.60 to take profit. Many of us also took profit. So it is not as you imply up and back to square 1. We won't see $5. | ||||
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RTan90
Member |
15-Oct-2021 20:47
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dunno why i cant upload the screenshoot, lol. anyway what i see from volume distribution - per transaction value (above 150k each) the sell down is 30% more than the buy up. could be chng-kay unloading. DYODD |
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investor999
Elite |
15-Oct-2021 20:41
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I suspect so. They are selling. So cannot buy
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investor999
Elite |
15-Oct-2021 19:50
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If most people have not bought back and today is chng Kay churning and take profit, then we have a chance.
Don't buy more then you have sold. The moment more shares are in your hand and not chng key's you know you have been conned |
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investor999
Elite |
15-Oct-2021 19:42
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Until now we are still not sure what the Chng Kay will do. He could have bought up to dump OR he is truely going for long. Fundamentals are not there, I wonder how are we going to move up | ||||
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RL16EGG
Veteran |
15-Oct-2021 09:44
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over the last few days vol is high and price remains steady. now is the same pattern. something is brewing. 2 factors in favour of sia, more vtl and merck pill.  remember to put on seat belt haha. |
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investor999
Elite |
15-Oct-2021 08:56
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We may break $6 soon | ||||
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theteej
Member |
15-Oct-2021 08:39
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https://www.channelnewsasia.com/business/aerospace-industry-singapore-recovery-businesses-hiring-jobs-2241216   Worst may be over for Singapore' s aerospace industry as businesses start hiring again |
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theteej
Member |
15-Oct-2021 08:23
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https://www.google.com.sg/amp/s/amp.9news.com.au/article/f9683a50-0cd2-4de3-91aa-740ce867c8b1   ' Open for business' : NSW makes shock move to scrap hotel quarantine
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theteej
Member |
15-Oct-2021 08:20
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I see this: https://www.google.com.sg/amp/s/amp.9news.com.au/article/f9683a50-0cd2-4de3-91aa-740ce867c8b1 $$$$$$$$$   |
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peterwong321
Veteran |
15-Oct-2021 08:16
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Still waiting at $5 Q
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