SIA    Last:7.05    +0.01

SIA

This time seems more quiet than previous years. No expert gurus come in and shout about good results and promote to buy. Will the result be good? What's your take?

MrBear12      ( Date: 15-May-2025 15:41) Posted: It okay Always another day Called tomolo Barcalo      ( Date: 15-May-2025 15:40) Posted: Not much movement today.

 

It okay

Always another day

Called tomolo

Barcalo      ( Date: 15-May-2025 15:40) Posted: Not much movement today. MrBear12      ( Date: 14-May-2025 17:44) Posted: Tmr back to 7 series

 

Not much movement today.

MrBear12      ( Date: 14-May-2025 17:44) Posted: Tmr back to 7 series

 

alot of fund house reduces their target for other companies. let see if SIA can hit

Barcalo      ( Date: 14-May-2025 17:17) Posted: Tomorrow report results, but the price traded these few days not nice....

 

Tmr back to 7 series

 

Tomorrow report results, but the price traded these few days not nice....

 

 

Expedia Stock Tumbles After Q1 Report. Weak U.S. Travel Demand Is Weighing On Bookings.

Expedia Group  (EXPE) stock tumbled early Friday after the company reported mixed first quarter results and lowered its sales outlook, citing " weaker than expected" U.S. travel demand.

The results prompted a downgrade from one Wall Street analyst and have Expedia stock down more than 10% at 151.25 in recent premarket action on the  stock market today.

The Seattle-based Expedia said in a news release Thursday that Q1 adjusted earnings increased 90% to 40 cents per share for its March quarter, ahead of expectations of 35 cents per share. Revenue increased 3% to $2.99 billion. That missed expectations of $3.01 billion, according to FactSet.

The total booking value across Expedia platforms &ndash which include Hotels.com, Vrbo and Expedia.com &ndash grew 4% to $31.45 billion. Analysts were looking for $31.76 billion, according to FactSet.

" We posted first quarter bookings and revenue within our guidance range despite weaker than expected demand in the US, drove bottom-line meaningfully above our guidance, and made significant progress against our strategic priorities," Expedia Group Chief Executive Ariane Gorin said in a news release. " Looking ahead, we are committed to continuing to deliver margin expansion while growing our top-line."

Expedia Stock Downgraded

On a call with analysts late Thursday, Expedia Chief Financial Officer Scott Schenkel said the weakness in the U.S. market weighed on total bookings for the quarter.

" Demand in the U.S. was softer than expected, which was a headwind given two-thirds of our business comes from the U.S. point of sale," Schenkel said. " We also noticed softness in demand for inbound travel into the U.S., which was down 7%. As part of that, inbound bookings from Canada fell nearly 30%."

Expedia lowered its 2025 full-year guidance for gross bookings and revenue growth outlook. The company expects growth for both metrics to fall between 2% and 4%, compared to a previous 4% and 6%.

Booking Holdings  (BKNG) and  Airbnb(ABNB)  called out similar trends in the U.S. during their recent Q1 earnings calls. But both those companies &ndash particularly Booking Holdings,  with its Europe focus  &ndash have larger international operations to lean on.

Analysts with Piper Sandler downgraded Expedia to a negative under-weight call following the report.

" The commentary around U.S. inbound travel and the B2C (business-to-consumer) business was discouraging and suggests a tough slog from here," Piper Sandler analyst Thomas Champion wrote. " It could also get incrementally worse."

Expedia Down 9% In 2025

Expedia stock entered Friday trading down 9% this year compared with a 3.7% decline for the S& P 500.

But shares are ahead 52% from 12 months ago and Expedia stock had rallied nearly 10% this month to retake its  50-day moving average,  not including Friday' s earlier slide.

Coming into the report, Expedia stock had an IBD Composite Rating of 94 out of a best-possible 99, according to  IBD Stock Checkup. The score combines five separate proprietary ratings into one rating. The best growth stocks have a Composite Rating of 90 or better

 

 

ASIA is setting the stage for the next era of global travel growth. Trends like the White Lotus effect may spark short-term travel spikes, but Asia&rsquo s momentum runs far deeper.From Singapore&rsquo s recent S$5 billion top-up to expand Changi Airport to Vietnam&rsquo s ambitious US$67 billion high-speed rail project, the region is making bold moves that signal an unprecedented acceleration in travel.But where exactly will this growth come from, and what opportunities should businesses prepare for?

For years, global travel trends were heavily influenced by countries like the US, while China dominated the spotlight in Asia. Today, the balance is shifting. Asia is not just leading global travel growth it is reshaping how and where travel dollars are spent.In 2024, Asia-Pacific contributed 51.2 per cent of global passenger traffic growth, with travel spend in some markets on track to hit record highs.

Fuelling this transformation is a convergence of demographic shifts, emerging markets and surging intra-regional travel. These forces will shape the next phase of travel spending growth in 2025 and beyond.

Asia&rsquo s travel renaissance is no longer on the horizon &ndash it is here, in full force.The demographic engine: Emerged and emerging spendersTravel spend in Asia is showing no signs of slowing. Already accounting for nearly a third of credit card expenditure, it ranks as the second-highest annual spend category.A key driving force is Asia&rsquo s middle class. While growth is expected to taper, the region&rsquo s middle class remains the global leader by size, with large populations in China, India and Indonesia.

Despite increasing value consciousness, travel remains a priority and one of the most resilient forms of spending &ndash reinforcing the middle class as a robust engine of travel spend in the region.Asia&rsquo s demographic make-up is also uniquely dynamic &ndash home to a rising wave of young explorers and a growing population of seasoned spenders. Travel is a defining lifestyle choice for millennials and younger generations keen to explore the world and their cultural roots &ndash groups that already account for half of Asia-Pacific consumers.Meanwhile, Asia&rsquo s ageing population, set to comprise a quarter of the region&rsquo s population by 2050, are embracing wellness and luxury travel experiences, leveraging leisure time and disposable income.South-east Asia: The new epicentre of travel growthSouth-east Asia is fast becoming an emerging powerhouse with power spenders. While China and India remain dominant forces in Asia&rsquo s travel story, annual travel spend in countries like Singapore, Malaysia and Thailand are quickly outpacing Asia-Pacific&rsquo s average of US$4,763 per person. In fact, Singapore&rsquo s figures are more than double that, at US$10,619.Additionally, five South-east Asian markets ranked among the top 10 fastest-growing markets in passenger traffic last year. Recognising the changing currents, governments across the region are responding with ambitious investment strategies.Countries like Vietnam and the Philippines are investing billions in upgrading their airports, while high-speed rail projects in Indonesia and Thailand are transforming regional connectivity.Visits to Priority Pass&rsquo network of airport lounges and travel experiences also tell a compelling story, with global visits to our South-east Asia network of airport experiences South-east Asia&rsquo s travel boom and investments are significant, and a direct reflection of consumer preferences and spending patterns. As travel spend continues to grow, global brands are being presented with ever-increasing opportunities throughout the region.The new realities of intra-regional travelAsia&rsquo s increasing influence over global travel trends becomes even more interesting when viewed through the lens of political shifts, economic fluctuations and tightening regulations, all of which are expected to reshape global mobility.However, Asia is uniquely equipped to withstand these external pressures, with well-established travel hubs like Singapore and Hong Kong emerging hot spots in Vietnam and the Philippines and enduring giants like China and India.Across this diverse ecosystem, Asia provides a broad spectrum of experiences at different price points, poised to capture the ebb and flow of traveller demands. Visa barriers are also easing across the region, while airlines are capitalising on the opportunities by expanding intra-Asia connectivity and their fleets. Boeing, in particular, is set to almost quadruple its South-east Asia fleet over the next 20 years.As global uncertainties prompt shorter trips, intra-regional travel is poised to become a stable, resilient engine for sustained travel spending in the coming years.Travel is here for allAsia&rsquo s travel growth could not have come at a better time. Customer expectations are higher than ever, and brands face new challenges to capture and retain their market share. As Asia cements its position as the next travel powerhouse, new opportunities are emerging &ndash not just for travel and hospitality brands, but for players across various industries, such as financial services and beyond.The shift is clear: gone are the days of material spending. We are now in a &ldquo transformation economy&rdquo , where consumers are focused on transformative experiences that impact their lives beyond the moment of consumption. Given the heightened focus on experiential rewards over rational ones &ndash such as points or cashback &ndash brands have an opportunity to rethink their customer engagement strategies.For instance, establishing stronger strategic collaborations with adjacent partners to create pathways to aspirational travel experiences will resonate with target audiences, and drive long-term brand loyalty with today&rsquo s consumers.All eyes are on those who can ride the wave of Asia-Pacific&rsquo s travel spending boom, and help shape its next chapter.The writer is global chief commercial officer and Asia-Pacific executive chair, Collinson International

 

 

I think the effects of low crude oil price is under estimated.

Joelton      ( Date: 18-Apr-2025 14:27) Posted: UOBKH raises TP on SIA to $6.22, FY2026 earnings to see lift on fuel cost savings   UOB Kay Hian (UOBKH) analyst Roy Chen is keeping his &ldquo hold&rdquo call on flag carrier Singapore Airlines group (SIA) at a raised target price (TP) of $6.22 from $6.09 previously following a March operation data update.   In the month, passenger load dropped 0.8% y-o-y to 104.9% of pre-pandemic levels, partly due to the shift in the Easter holiday from March in 2024 to April in 2025, while group passenger load factor stood at 84.7%, down 3.0 percentage points (ppts) y-o-y.    On a quarterly basis, 4QFY2025 passenger capacity and passenger load rose 2.9% y-o-y and 2.8% y-o-y respectively, with passenger load largely flat y-o-y at 86.4% in the period.   In regards to cargo, cargo load in March rose 2.0% y-o-y to 85.4% of pre-pandemic levels. Cargo capacity expanded 7.6% y-o-y, but cargo load grew at a slower rate of 2.0% y-o-y, to which Chen notes that volume strength in the East Asia route was offset by weaknesses of cargo demand in the Americas and Europe.    With this, cargo load factor dropped 3.1 ppts y-o-y in March. On a quarterly basis, 4QFY2025 cargo load was largely flat y-o-y, while capacity expanded 7.2% y-o-y.    On SIA group&rsquo s passenger network, the flag carrier now covers 128 destinations, compared with 137 destinations pre-pandemic. In March, the group suspended services of its budget carrier, Scoot, to Berlin.   Chen expects the group to report a net profit of around $400 million for the 4QFY2025 on May 15 after the market closed, which is a 30% y-o-y from 4QFY2024&rsquo s $575 million and a 24% q-o-q fall from 3QFY2025&rsquo s $528 million.    He writes in his Apr 17 report: &ldquo Our estimate is based on the following assumptions the reported 4QFY2025 operating statistics, low-single-digit percentage y-o-y moderation in both passenger and cargo yields, a 5% y-o-y drop in average fuel cost per unit of capacity and y-o-y largely flat-ish or marginally higher non-fuel operating cost per unit of capacity.&rdquo   Meanwhile, Chen also sees that SIA should see a lift in FY2026 earnings thanks to savings in fuel costs.   He notes that jet fuel prices have dropped about 8% over the past two weeks due to fears of a global recession triggered by the US tariff war.    &ldquo Assuming jet fuel prices stay at the current level of about US$84 ($110) per barrel throughout FY2026, SIA&rsquo s FY2026 average fuel cost per unit of capacity after hedging would be about 9% lower than FY2025 average levels, leading to about $500 million savings in fuel costs in FY2026,&rdquo writes Chen.   The analyst highlights that this should support SIA&rsquo s FY2026 earnings, partially offsetting continued pressure on passenger and cargo yields.   Overall, Chen does not expect a major slowdown in air travel demand, after factoring in the Ministry of Trade and Industry (MTI) cut in 2025 GDP from 1% to 3% to between 0% to 2%.   &ldquo In our financial model, we have pencilled in a 1.5% y-o-y growth in passenger load for FY2026, slower than FY2025&rsquo s 6.4% y-o-y growth, driven by SIA&rsquo s continued network recovery and capacity growth,&rdquo writes Chen.   Cargo outlook on the other hand, is more uncertain.   Although the US tariffs present significant uncertainties to global air cargo outlook in the medium term, the analyst sees that the 90-day pause for negotiation provides a window for manufacturers in Asia to expedite shipments to the US, mitigating uncertainties beyond the 90-day period.    For more stories about where money flows, click here for Capital Section   He continues: &ldquo As such, SIA&rsquo s 1QFY2026 cargo performance may benefit from some shipment frontloading, though there is no concrete data point available to quantify the impact at this stage.&rdquo   Based on Chen&rsquo s preliminary estimate, SIA&rsquo s 1QFY2026 results could achieve a mid-single-digit growth at the operating profit levels, although this estimate will be subject to operating statistics disclosure and the development of jet fuel prices in the next two months.    As such, the UOBKH analyst has raised his FY2026 and FY2027 earnings forecasts by 17% and 6% to $1.37 billion and $1.18 billion respectively.    Excluding the gain from the disposal of SIA group&rsquo s stake in Vistara, Chen&rsquo s FY2025 earnings forecast remains at $1.67 billion.   Chen is also hoping for a fine FY2025 dividend yield.    He writes: &ldquo In view of SIA&rsquo s strong balance sheet and delayed capital expenditure (capex) due to aircraft original equipment manufacturers&rsquo (OEM) delivery issues, we reckon that SIA has the flexibility to raise its dividend payout ratio to 60% to 70% of core earnings in FY2025, from 53% in FY2024."   &ldquo A 60% payout ratio will lead to a 23 cent final dividend for FY2025, resulting in a dividend yield of 5.2% for full-year FY2025 based on the current price,&rdquo adds Chen.   Key risks noted by him include weaker-than-expected macroeconomic environment dampening air travel demand, potential higher US tariffs after the 90-day negotiation period impacting global air cargo volume and finally, geopolitical tensions causing shocks to fuel prices.

 

(0.10+0.38) / 5.2% = $9.23
 

 

 

TOKYO&ndash   Travellers flying into Japan from Singapore will soon enjoy better access to off-the-beaten-track destinations across the archipelago. 

This comes as Singapore Airlines (SIA) signed a joint venture agreement with Japan&rsquo s largest carrier, All Nippon Airways (ANA), on April 17 in  a deal that has been more than five years in the making,  with plans first announced in January 2020. 

Both airlines will pool their resources to achieve more efficient route planning, as they coordinate flight schedules, seat capacity and fares for flights between Singapore and Japan. ANA services 61 domestic airports in Japan, from Nemuro-Nakashibetsu in north-eastern Hokkaido to Ishigaki in south-western Okinawa. 

SIA and ANA will sell &ldquo joint-fare tickets&rdquo under a revenue-sharing arrangement. What this means for travellers is shorter layovers and better-value fares, given that flights from both airlines can be combined in a single itinerary. 

These  tickets will go on sale from May, with the first flights under the joint venture to take off in September. 

&ldquo When you operate medium-haul flights (using) wide-body planes, it is not commercially viable for us to operate to all the smaller airports in Japan (given the thinner traffic),&rdquo SIA chief executive Goh Choon Phong told The Straits Times on the sidelines of a media conference at the ANA Blue Base facility in Tokyo. 

&ldquo Partnering with a pre-eminent carrier like ANA makes sense, because our customers can seamlessly connect to all these destinations,&rdquo he added. 

The joint venture comes as inbound travel to Japan continues to break records. The Japan National Tourism Organisation said on April 16 that 10.5 million travellers visited the country between January and March 2025, up 23.1 per cent from the same period in 2024. Among them were 153,300 visitors from Singapore, up 16 per cent year on year. 

The tourism body also observed that Singapore visitors were venturing outside the key nodes of Tokyo and Osaka. Okinawa, Yamaguchi, Fukuoka, Saga and Gifu prefectures registered the fastest growth in the number of nights stayed in 2024,  compared with  2023 figures. 

Meanwhile, the joint venture will allow residents in regional areas serviced by ANA domestic flights to enjoy better connectivity to Singapore. 

It is also expected to boost Changi Airport as an air transit hub, given that ANA and SIA plan to offer joint-fare flights &ndash via Singapore &ndash to Australia, India, Indonesia and Malaysia, subject to regulatory approvals. 

ANA chief executive Shinichi Inoue told reporters of his belief that the joint venture will &ldquo contribute to the national interests of both Singapore and Japan&rdquo . 

&ldquo I am convinced that facilitating the movement of people by serving as a bridge for Asia will lead to the development of our countries,&rdquo he said. &ldquo In the face of industry changes and intensifying competition, cooperation between our companies will be key to achieving our medium-to-long-term goals.&rdquo  

The joint venture deepens the two airlines&rsquo relationship beyond an existing code-share agreement that began in 2004, with the SQ code now seen on ANA flights to 30 domestic destinations within Japan. Both airlines are also members of the Star Alliance. 

But while code-shares allow airlines to sell seats on each other&rsquo s flights, thus giving passengers a wider choice of destinations, prices are nonetheless set by the operating airline. 

Ms Yukako Miisho, a manager with ANA&rsquo s international alliance department, said the key difference is how, with a joint venture, ANA and SIA will &ldquo develop various businesses as if they were the same company&rdquo . 

By way of analogy, she likened a code-share partnership to that of a friendship, and a global alliance as akin to an officially recognised club.  A joint venture goes even further, and is similar to a &ldquo marriage to become family&rdquo . 

This is ANA&rsquo s third joint venture, following one with Germany&rsquo s Lufthansa and another with America&rsquo s United Airlines. SIA, meanwhile, has joint ventures with Lufthansa, Garuda Indonesia, Air New Zealand and Scandinavian Airlines. 

Forming a joint venture, however, first requires regulatory approval, and this presented a bottleneck to plans that were derailed by the Covid-19 pandemic. 

Japan granted approval in April 2024, while the Competition and Consumer Commission of Singapore gave its green light in March 2025. 

Under the terms of approval, both airlines will appoint an independent third-party auditor to monitor their compliance in areas such as seat capacity, with a report to be submitted to the competition authorities annually. 

Going forward, SIA and ANA will work towards enhancing reciprocal benefits on their respective frequent flier programmes to allow travellers to earn miles across more fare classes, as well as align their corporate travel schemes. 

Mr Inoue told ST that such partnerships are essential, given that there are limits to what a single company can achieve on its own, with the joint venture allowing the carriers to be more responsive to their customers&rsquo needs. 

ANA has limited reach in markets in the Global South, he said, adding that Singapore was the key transit hub to regions such as Asean and India with a rising middle class that is expected to fuel travel demand in the coming decades. 

And for those who fly into Japan via SIA&rsquo s 10 daily flights to the country, Mr Inoue  said: &ldquo We can introduce them to the appeal of Japan&rsquo s rural regions. This is a value we can offer.

 

 

 

I TOLD YOU ALLLLLL 
DiDNT I  !!!!!!!!!!!!!
SIA WILL BENEFIT FROM TRUMP TARIFF
LET SMASH THE BILLBOARD 


 

dontbetray      ( Date: 27-Feb-2025 09:23) Posted: Quote from US Trade data   LATEST TRENDS NOVEMBER, 2024   OVERVIEW  In November 2024, United States exported $3.19B and imported $3.39B from Singapore, resulting in a negative trade balance of $200M. Between November 2023 and November 2024 the exports of United States have decreased by $-253M (-7.34%) from $3.45B to $3.19B, while imports increased by $300M (9.68%) from $3.09B to $3.39B. TRADE  In November 2024, the top exports of United States to Singapore were  Crude Petroleum  ($748M),  Aircraft parts (gliders, balloons, and powered...  ($397M),  Commodities not elsewhere specified  ($153M),  Machines and apparatus of a kind...  ($117M), and  Computers  ($106M). In November 2024 the top imports of United States from Singapore were  Commodities not elsewhere specified  ($601M),  Other Edible Preparations  ($440M),  Packaged Medicaments($313M),  Vaccines, blood, antisera, toxins and cultures($217M), and  Therapeutic Appliances  ($143M). ORIGINS  In November 2024 the exports of United States were mainly from  Texas  ($712M),  California  ($457M),  Georgia($225M),  Massachusetts  ($192M), and  New York  ($176M), while imports destinations were mainly  Kentucky  ($686M),  Tennessee  ($393M),  California  ($385M),  Georgia  ($349M), and  Illinois  ($243M). GROWTH  In November 2024, the decrease in United States' s year-by-year exports to Singapore was explained primarily by an decrease in product exports in  Petroleum Gas  ($-188M or -99.6%),  Machines and apparatus of a kind...  ($-105M or -47.3%), and  Gold  ($-105M or -98.5%). In November 2024, the increase in United States' s year-by-year imports   from Singapore was explained primarily by an increase in product imports   in  Commodities not elsewhere specified($312M or 108%),  Packaged Medicaments  ($190M or 154%), and  Vaccines, blood, antisera, toxins and cultures($151M or 231%).     $SIA (C6L.SG)$ Will SIA be only few benefactor from tariff ? As you know alot of countries have trade surplus with US which Donald Trump is addressing this imbalance, Singapore is only few Asian countries to import more goods from than export goods to US. given Trump reciprocal tariff announcement, its less likely for us to be punished.  Mutinational corporations may reroute trade flows to mitigate the impact of the tariffs, potentially using Singapore as a re-export hub or a more cost-effective alternative.  Do share your constructive view..

 

In the context of the  SIA-ANA partnership, the  positive aspects  generally outweigh the negative ones.

Positive Aspects:

1. 
   
   Enhanced Connectivity: The partnership improves flight options between Singapore and Japan and opens up new opportunities in markets like Australia, India, and Malaysia. This could attract more passengers and improve overall business.
2. 
   
   Competitive Fares: The airlines have committed to offering more competitive fares, which could benefit both consumers and the airlines by increasing demand.
3. 
   
   Regulatory Approval with Conditions: The CCCS' s approval comes with oversight, ensuring fair competition is maintained, which helps mitigate concerns.
4. 
   
   Long-Term Growth: Strengthened cooperation between two major carriers is a strategic move to solidify market presence and adapt to evolving market conditions post-COVID.

Negative Aspects:

1. 
   
   Reduced Competition: The partnership may reduce competition, especially on the Singapore-Tokyo route, potentially leading to higher fares in the long run if not managed properly.
2. 
   
   Dependence on the Partnership: If the cooperation doesn&rsquo t live up to expectations, it could make both airlines more vulnerable to operational or market challenges.

Conclusion:

While the negative aspects&mdash particularly reduced competition and potential over-reliance&mdash are valid concerns, they are  largely mitigated by the regulatory oversight  and the commitment to maintain competitive pricing and capacity. Overall, the potential for  enhanced market access,  better fares, and  long-term strategic growth  makes the partnership more beneficial than harmful in the short to medium term.

Thus, the  positive aspects outweigh the negative ones, making this partnership a net positive for Singapore Airlines.