SIA    Last:6.86    -0.11

SIA

 

agree.   very challenged

I also saw this...

Changi Airport handled 4.42 million passengers in January, down 3.8% y-o-y, as the number of flights operating came down. Aircraft movements sank 5.2% to 28,800 take-offs and landings, while air-freight movements climbed one per cent to 151,800 tonnes.

 

Yeo Kee Yan (65) 6682 3706 [email protected] Ling Lee Keng (65) 6682 3703 [email protected] 

vivivava      ( Date: 02-Mar-2015 10:08) Posted: Landscape changing for leadership position, it would appear to be so https://sg.finance.yahoo.com/news/singapore-airlines-stops-rehiring-captains-115101766.html Singapore Airlines stops rehiring captains after 62 " SIA was forced into this cost-cutting measure because of the surplus of pilots it has," said Shukor Yusof, founder of aviation research firm Endau Analytics in Malaysia. " SIA' s revenue is falling amidst stiff competition from budget carriers and a struggling premium segment... and it can no longer afford the same number of pilots it once had," he told AFP.

 

Landscape changing for leadership position, it would appear to be so

https://sg.finance.yahoo.com/news/singapore-airlines-stops-rehiring-captains-115101766.html

Singapore Airlines stops rehiring captains after 62

" SIA was forced into this cost-cutting measure because of the surplus of pilots it has," said Shukor Yusof, founder of aviation research firm Endau Analytics in Malaysia.

" SIA' s revenue is falling amidst stiff competition from budget carriers and a struggling premium segment... and it can no longer afford the same number of pilots it once had," he told AFP.

 

http://travel.asiaone.com/article/news/mid-east-carriers-muscle-in-on-sias-home-ground

Feb 18th 2015

Mid-East carriers muscle in on SIA' s home ground

 

But with more than nine out of 10 passengers who fly Emirates, Qatar Airways and Etihad Airways from Changi Airport using the Middle East as a stopover for flights to Europe, the United States and elsewhere, there is a risk to Singapore' s air hub status, industry analysts said.

" This is a growing threat not just for Changi but other major airports as well," said Endau Analytics analyst Shukor Yusof.

" The three major Middle-Eastern carriers are dominating sectors to key points in Asia, Europe and the Americas. They are pretty much unstoppable."

- See more at: http://travel.asiaone.com/article/news/mid-east-carriers-muscle-in-on-sias-home-ground#sthash.NyebDKgS.dpuf

 

found another one...hmm

http://www.fool.sg/2015/02/02/here-is-1-reason-for-investors-to-be-impressed-with-singapore-airlines-ltd/

seems to think that the industry is flawed with razor thin margin and cut throat competition. and it seems to be that SIA and its govt will need to continue to support this industry despite the challenges ahead...they got no choice as its one of their key survival nodes.   Investors however are not hindered by the same consideration.   Hmm tough one but it looks to me that sunset has already begun, but when will the colour turn to red like Qantas who amazingly just turned it around

 

been holding this for a while now ...but been questioning it lately

http://www.fool.sg/2015/02/26/tug-of-fools-tiger-airways-holdings-ltd-the-bear-argument/

http://www.fool.sg/2015/02/26/tug-of-fools-tiger-airways-holdings-ltd-the-bull-argument/

but the above doesnt help much....who thinks the Bull or bear stronger??

 

facts bro....i didnt pull it out from where the sun doesnt shine

earlybird14      ( Date: 26-Feb-2015 13:24) Posted: spamming..... no worry, SIA will eventually go up to 14 dollars, especially close to next earning result. The CNY period surely made them make a lot of money although 60% fuel was hedged at high but 40% was still not hedged and fuel oil surcharge before March are still maintain at high level and fully booked!!! ytoh1688      ( Date: 26-Feb-2015 11:39) Posted: http://www.airlinetrends.com/2014/12/16/best-airline-product-and-service-innovations-of-2014/ SIA last make headlines in airlinetrends in July 2013 The top 10 product and service innovations we have selected this year reflect how airlines are becoming bolder in the design of new products and services as more airlines are embrading hospitality, design and technology as ways to differentiate the passenger experience. THE AIRLINETRENDS.COM TOP 10 FOR 2014 1. China Airlines to feature &lsquo Sky Lounge&rsquo and &lsquo Family Couch&rsquo on new B777-300ERs Taiwan&rsquo s flag carrier China Airlines is transforming its products and services with the airline&rsquo s new Boeing 777-300ER becoming the airline&rsquo s flagship aircraft to showcase innovations such as a &lsquo Sky Lounge&rsquo in Business and &lsquo Family Couches&rsquo in Economy.  Read article » 2. Aer Lingus&rsquo new Business Class ticks many passenger experience &lsquo boxes&rsquo Irish flag carrier Aer Lingus&rsquo new Business Class cabin in our opinion ticks many boxes of what the Business Class experience should look like in the coming years, as the airline has come up with a very well thought-out combination of product and service design.  Read article » 3. Beyond First Class: Etihad&rsquo s new A380 features 3-room &lsquo The Residence&rsquo suite Etihad has unveiled the world&rsquo s first private multi-room cabin on a commercial passenger aircraft. Called &lsquo The Residence&rsquo , the &lsquo ü ber premium&rsquo space will feature a living room, double bedroom, and a separate ensuite shower room, while passengers will be served by a dedicated butler.  Read article » 4. Smart design: Fixed headrest support on Etihad&rsquo s new Economy seats Hidden inside the press storm caused by Etihad&rsquo s luxurious new A380 comes a smart design innovation of the airline&rsquo s new Economy seats. Etihad&rsquo s so-called &lsquo Economy Smart Seats&rsquo feature a &lsquo fixed wing&rsquo headrest, designed to provide a firm surface for passengers to lean on while sleeping.  Read article » 5. Qantas new A330 Business Suite to offer &lsquo gate-to-gate&rsquo recline With the aim to provide frequent flyers in Business Class with the maximum amount of sleep, Qantas is introducing Business Class seats on its A330s that let passengers recline from the moment they board until touchdown at their destination.  Read article » 6. Virgin Atlantic&rsquo s &lsquo Wander Wall&rsquo invites passengers to hang out in the galley In an effort to reimagine how the galley area could become the domain of passengers as well after regular service is over, Virgin Atlantic on its new B787 Dreamliner has come up with an inventive &lsquo Wander Wall&rsquo concept for passengers in Premium Economy.  Read article » 7. Air France-KLM&rsquo s &lsquo e-tag & e-track&rsquo turns suitcases into connected devices Air France and KLM, together with several partners, have developed a novel electronic bag tag and baggage tracker that enables passengers to label their luggage at home, drop bags at the fast bag drop and trace their luggage in real-time via their smartphone.  Read article » 8. Business Class seats on South African Airways&rsquo A320s feature a &lsquo tablet shelf&rsquo Seats in Business Class on South African Airways&rsquo new A320s have an innovative feature: The back shell has a small shelf in which a passenger&rsquo s tablet can be slotted to create a removable IFE solution, with a USB power point that keeps the device powered during the flight.  Read article » 9. India&rsquo s low-cost carriers get creative with their buy-on-board food packaging Along with basic objectives such as protection and preservation, clever food packaging appeals to consumers&rsquo emotions and brings a product alive. Two great examples of attractive and fun packaging can be found in India, where low-cost carriers JetKonnect and IndiGo have come up with quirky buy-on-board food and beverage packaging.  Read article » 10. KLM&rsquo s &lsquo Lost & Found Team&rsquo returns lost items to passengers on the spot KLM has set up a dedicated &lsquo Lost & Found&rsquo team at Amsterdam Schiphol Airport that aims to reunite lost items as soon as possible with their legitimate owner. The team uses all available information like seat number, phone numbers and public social media details to reunite passengers with their belongings a.s.a.p.  Read article »

 

spamming..... no worry, SIA will eventually go up to 14 dollars, especially close to next earning result. The CNY period surely made them make a lot of money although 60% fuel was hedged at high but 40% was still not hedged and fuel oil surcharge before March are still maintain at high level and fully booked!!!

ytoh1688      ( Date: 26-Feb-2015 11:39) Posted: http://www.airlinetrends.com/2014/12/16/best-airline-product-and-service-innovations-of-2014/ SIA last make headlines in airlinetrends in July 2013 The top 10 product and service innovations we have selected this year reflect how airlines are becoming bolder in the design of new products and services as more airlines are embrading hospitality, design and technology as ways to differentiate the passenger experience. THE AIRLINETRENDS.COM TOP 10 FOR 2014 1. China Airlines to feature &lsquo Sky Lounge&rsquo and &lsquo Family Couch&rsquo on new B777-300ERs Taiwan&rsquo s flag carrier China Airlines is transforming its products and services with the airline&rsquo s new Boeing 777-300ER becoming the airline&rsquo s flagship aircraft to showcase innovations such as a &lsquo Sky Lounge&rsquo in Business and &lsquo Family Couches&rsquo in Economy.  Read article » 2. Aer Lingus&rsquo new Business Class ticks many passenger experience &lsquo boxes&rsquo Irish flag carrier Aer Lingus&rsquo new Business Class cabin in our opinion ticks many boxes of what the Business Class experience should look like in the coming years, as the airline has come up with a very well thought-out combination of product and service design.  Read article » 3. Beyond First Class: Etihad&rsquo s new A380 features 3-room &lsquo The Residence&rsquo suite Etihad has unveiled the world&rsquo s first private multi-room cabin on a commercial passenger aircraft. Called &lsquo The Residence&rsquo , the &lsquo ü ber premium&rsquo space will feature a living room, double bedroom, and a separate ensuite shower room, while passengers will be served by a dedicated butler.  Read article » 4. Smart design: Fixed headrest support on Etihad&rsquo s new Economy seats Hidden inside the press storm caused by Etihad&rsquo s luxurious new A380 comes a smart design innovation of the airline&rsquo s new Economy seats. Etihad&rsquo s so-called &lsquo Economy Smart Seats&rsquo feature a &lsquo fixed wing&rsquo headrest, designed to provide a firm surface for passengers to lean on while sleeping.  Read article » 5. Qantas new A330 Business Suite to offer &lsquo gate-to-gate&rsquo recline With the aim to provide frequent flyers in Business Class with the maximum amount of sleep, Qantas is introducing Business Class seats on its A330s that let passengers recline from the moment they board until touchdown at their destination.  Read article » 6. Virgin Atlantic&rsquo s &lsquo Wander Wall&rsquo invites passengers to hang out in the galley In an effort to reimagine how the galley area could become the domain of passengers as well after regular service is over, Virgin Atlantic on its new B787 Dreamliner has come up with an inventive &lsquo Wander Wall&rsquo concept for passengers in Premium Economy.  Read article » 7. Air France-KLM&rsquo s &lsquo e-tag & e-track&rsquo turns suitcases into connected devices Air France and KLM, together with several partners, have developed a novel electronic bag tag and baggage tracker that enables passengers to label their luggage at home, drop bags at the fast bag drop and trace their luggage in real-time via their smartphone.  Read article » 8. Business Class seats on South African Airways&rsquo A320s feature a &lsquo tablet shelf&rsquo Seats in Business Class on South African Airways&rsquo new A320s have an innovative feature: The back shell has a small shelf in which a passenger&rsquo s tablet can be slotted to create a removable IFE solution, with a USB power point that keeps the device powered during the flight.  Read article » 9. India&rsquo s low-cost carriers get creative with their buy-on-board food packaging Along with basic objectives such as protection and preservation, clever food packaging appeals to consumers&rsquo emotions and brings a product alive. Two great examples of attractive and fun packaging can be found in India, where low-cost carriers JetKonnect and IndiGo have come up with quirky buy-on-board food and beverage packaging.  Read article » 10. KLM&rsquo s &lsquo Lost & Found Team&rsquo returns lost items to passengers on the spot KLM has set up a dedicated &lsquo Lost & Found&rsquo team at Amsterdam Schiphol Airport that aims to reunite lost items as soon as possible with their legitimate owner. The team uses all available information like seat number, phone numbers and public social media details to reunite passengers with their belongings a.s.a.p.  Read article »

 

http://www.airlinetrends.com/2014/12/16/best-airline-product-and-service-innovations-of-2014/

SIA last make headlines in airlinetrends in July 2013

The top 10 product and service innovations we have selected this year reflect how airlines are becoming bolder in the design of new products and services as more airlines are embrading hospitality, design and technology as ways to differentiate the passenger experience.

THE AIRLINETRENDS.COM TOP 10 FOR 2014

1. China Airlines to feature &lsquo Sky Lounge&rsquo and &lsquo Family Couch&rsquo on new B777-300ERs

Taiwan&rsquo s flag carrier China Airlines is transforming its products and services with the airline&rsquo s new Boeing 777-300ER becoming the airline&rsquo s flagship aircraft to showcase innovations such as a &lsquo Sky Lounge&rsquo in Business and &lsquo Family Couches&rsquo in Economy.  Read article »

2. Aer Lingus&rsquo new Business Class ticks many passenger experience &lsquo boxes&rsquo

Irish flag carrier Aer Lingus&rsquo new Business Class cabin in our opinion ticks many boxes of what the Business Class experience should look like in the coming years, as the airline has come up with a very well thought-out combination of product and service design.  Read article »

3. Beyond First Class: Etihad&rsquo s new A380 features 3-room &lsquo The Residence&rsquo suite

Etihad has unveiled the world&rsquo s first private multi-room cabin on a commercial passenger aircraft. Called &lsquo The Residence&rsquo , the &lsquo ü ber premium&rsquo space will feature a living room, double bedroom, and a separate ensuite shower room, while passengers will be served by a dedicated butler.  Read article »

4. Smart design: Fixed headrest support on Etihad&rsquo s new Economy seats

Hidden inside the press storm caused by Etihad&rsquo s luxurious new A380 comes a smart design innovation of the airline&rsquo s new Economy seats. Etihad&rsquo s so-called &lsquo Economy Smart Seats&rsquo feature a &lsquo fixed wing&rsquo headrest, designed to provide a firm surface for passengers to lean on while sleeping.  Read article »

5. Qantas new A330 Business Suite to offer &lsquo gate-to-gate&rsquo recline

With the aim to provide frequent flyers in Business Class with the maximum amount of sleep, Qantas is introducing Business Class seats on its A330s that let passengers recline from the moment they board until touchdown at their destination.  Read article »

6. Virgin Atlantic&rsquo s &lsquo Wander Wall&rsquo invites passengers to hang out in the galley

In an effort to reimagine how the galley area could become the domain of passengers as well after regular service is over, Virgin Atlantic on its new B787 Dreamliner has come up with an inventive &lsquo Wander Wall&rsquo concept for passengers in Premium Economy.  Read article »

7. Air France-KLM&rsquo s &lsquo e-tag & e-track&rsquo turns suitcases into connected devices

Air France and KLM, together with several partners, have developed a novel electronic bag tag and baggage tracker that enables passengers to label their luggage at home, drop bags at the fast bag drop and trace their luggage in real-time via their smartphone.  Read article »

8. Business Class seats on South African Airways&rsquo A320s feature a &lsquo tablet shelf&rsquo

Seats in Business Class on South African Airways&rsquo new A320s have an innovative feature: The back shell has a small shelf in which a passenger&rsquo s tablet can be slotted to create a removable IFE solution, with a USB power point that keeps the device powered during the flight.  Read article »

9. India&rsquo s low-cost carriers get creative with their buy-on-board food packaging

Along with basic objectives such as protection and preservation, clever food packaging appeals to consumers&rsquo emotions and brings a product alive. Two great examples of attractive and fun packaging can be found in India, where low-cost carriers JetKonnect and IndiGo have come up with quirky buy-on-board food and beverage packaging.  Read article »

10. KLM&rsquo s &lsquo Lost & Found Team&rsquo returns lost items to passengers on the spot

KLM has set up a dedicated &lsquo Lost & Found&rsquo team at Amsterdam Schiphol Airport that aims to reunite lost items as soon as possible with their legitimate owner. The team uses all available information like seat number, phone numbers and public social media details to reunite passengers with their belongings a.s.a.p.  Read article »

 

http://www.bbc.com/news/business-25618122

voice interview of passengers on the jan 6th Emergency landing who described the the 20,000 ft drop in 2 mins...

 

Leaky doors..close call

http://newsinfo.inquirer.net/560103/leaky-a380-door-eyed-in-singapore-airlines-emergency-landing

 

http://www.bbc.com/news/business-25618122

voice interview of passengers on the jan 6th Emergency landing who described the the 20,000 ft drop in 2 mins...

 

Leaky doors..close call

http://newsinfo.inquirer.net/560103/leaky-a380-door-eyed-in-singapore-airlines-emergency-landing

 

About Skift Score

The Skift Score aims to quantify the digital IQ of travel brands and devise a metric that cuts across all sectors of travel, with the goal of creating a common language of competitive intelligence across these sectors.

Our process begins by collecting massive amounts of raw data from four major social media platforms: Facebook, Instagram, Twitter, and YouTube. We sift through the data, and perform numerous calculations to determine how well each company is performing on each network. Metrics range from the simple &mdash e.g. number of Twitter followers &mdash to the more complex &mdash e.g. how long it takes a company to respond to a tweet from a customer.

 

Each metric takes into account performance on an absolute basis, as well as relative, within a company' s specific industry. Comparing metrics across companies and travel sectors provides an intelligent measure of competitive edge. A simple-yet-powerful formula then weighs and normalizes distribution in order to come up with a final score from 0-1000.

 

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http://www.asianaviation.com/articles/650/ACI-figures-show-Gulf-airports-outpacing-APAC

Preliminary passenger traffic results for 2014 released by ACI Asia-Pacific showed continued moderate growth from last year in Asia-Pacific airports at +5.9%.

18th Feb 2015

ACI figures show Gulf airports outpacing APAC

Preliminary passenger traffic results for 2014 released by ACI Asia-Pacific showed continued moderate growth from last year in Asia-Pacific airports at +5.9%.

They were easily outpaced by their Middle East airport peers, which continued their strong growth at +9.4%

The majority of the leading airports in the region reported positive results in passenger traffic in 2014

Beijing (PEK), the busiest airport in the region, handled 86 million passengers but year-on-year growth slowed down slightly to +2.9% due to capacity constraints.

Among the busiest airports in the Asia-Pacific, Shanghai Pudong (PVG) +9.5% and Incheon (ICN) +9.6% both reported close to 10% increase in 2014.

Other airports reporting aggregate growth in excess of 20% include: Bangkok Don Muang (DMK) +30.8%, Abu Dhabi (AUH) +20.2%, and Chiang Mai (CNX) +21.4.

Dubai (DXB), now the world&rsquo s busiest international airport, grew by 6.1% despite a temporary runway shutdown in the middle of 2014.

 

Singapore Airlines Ltd forms bearish " Head and Shoulders Top" chart pattern
Feb 23, 2015

Recognia has detected a " Head and Shoulders Top" chart pattern formed on Singapore Airlines Ltd (C6L:SGX-ST). This bearish signal indicates that the stock price may fall from the close of  12.00  to the range of  10.70  -  11.00. The pattern formed over 60 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to have reached the end of a period of " distribution" at the top of a major uptrend the break down through support signals a reversal to a new downtrend. The Head and Shoulders Top is created by three successive rallies in the price following a significant uptrend. The highest high (head) is in the middle, flanked by two lower highs (shoulders) at roughly the same level. Volume is highest as the price makes the first two rallies, then diminishes through the right shoulder. Finally volume surges as the price closes below the neckline (drawn between the two lows) to confirm the reversal.

 

Yep, past is behind us, Tigerair has SIA firmly behind them.      Believe it' s the ambition to cover all segments of the market, why should the LCC mkt be controlled by other cos, the combination of Tigerair and Scoot backed by SIA would be powerful.    And it' s cleaned up completely, now the tiger is lean and mean.

 

Kyoto, I agree with your thoughts about Tiger being too adventurous......blame it on the ang mo' s who ran it to the ground. They sold off their shares and ran. Also agree with you about your analysis about tigerair fuel hedging.Surely a positive. That could be one of the reasons SQ decided to take a majority interest   in it. They will continue to show growth from next earning announcement because all bad debts and   bad deals already wiped off their books. Also the recent air tragedies will cause people to fly with better airlines and hence Tiger and Scoot will benefit from this. My problem is that i think SQ hedged too much of their fuel at such a high price and this will show up in the next earning announcement. Also some senior managers are going to retire soon. This will also be a cause for worry. SQ IS running Tiger. Their guy is at the helm!!Ha Ha no one gets sacked at SQ or Tiger. Iron rice bowl friend. I remember reading their forward looking statements........not too encouraging.....could be because normally the quarter after the dec holidays is usually a quiet one. It picks up in the summer time when holiday season is back again. Also their JV' s a not proftable.They have been a drag on their numbers. Some JV' s a re starting to lose money!!It' s dragging down their overall numbers.That is the reason i' m cautious. I will not be a buyer right now but will keep my ears to the ground. Watch for news just before earnings come out. Normally there are hints. Good Luck to you

 

Understand Scoot is owned by SIA 100%, and the revenues/profits are not disclosed.    Tigair I thought was like 55% owned by SIA as SIA went to convert loans or warrants to push up their shareholdings from 40% before to 55%.  But Today reported that SIA owns more than 71% of Tigair.    It could be the rights issue that SIA said they would buy up if noone takes up.      Also Tigair did not hedge 100% of fuel oil, it' s only 35% at more than US100plus up to Mar 2016, so there' s still 65% low fuel cost advantage to boost earnings.      Last point, before, SIA was a minority shareholder of Tigair, it does not have the power to remove Tigair' s board of directors.    Now they own more than 55%, and Tigair' s BOD shd be really on their toes to bring in profits to the parent, or else, they better have a good reason why they should not be sacked.

Kyoto2008      ( Date: 21-Feb-2015 16:16) Posted: The analyst was referring to the past Tigar operations where they took on more than they could handle.    2 rights issues after, they are still struggling with losses and that was a constant drag on SIA' s profitability, the latter previously owning 40% of Tigair.  However, after the Tigair 3rd rights issue, things have changed.    One, Tigair is now debt free, so there' s no interest servicing burden.  Two, Tigair and Scoot collaboration is supposed to be able to grab a strong position in the low cost carrier segment, this seems to be what Lui is saying, Tigair connects with Scoot and vice versa.  This was the way Silkway was helped along by SIA, connectivity up to 60% I read in in artcile.     The pie is neatly divided, Silkair and SIA goes after the premium class, Tigair and Scoot the LCC segment.     Three, Tigair sold off the excess businesses so as to focus on areas where there are synergies with Scoot.  My gut feel seems to tell me that in the past, Tigair was more interested in grabbing as many routes as possible, and sinking a lot of monies into areas they are familiar with, hence burning up cash quickly. The board was crazy with growth ambitions but they failed miserably because more routes do not equal higher profitability, you need to fill the cabins with passengers and only if there is connectivity, not just price advantage.     Now with the discipline of cutting excesses and focusing on their strengths, plus the collaboration with Scoot, the chances of success are a lot higher.    I think the analyst missed these points and simply gloss over Tigair' s less glamourous past without looking at what has gone on hence one can dismiss those remarks. sun233      ( Date: 21-Feb-2015 15:17) Posted: I remember some years back when there was a srike going on in India n the fighting intensfying in the middle east a passenger on Singapore airline flight was arguing with the SQ pilot about not taking off from Amsterdam. The disgruntled passenger was pissed said other airlines were flyng and he did not see why the SQ pilot refused to fly. The pilot' s response was," SQ did not become a leader in the industry by following others......" unfortunately they cut their fuel surcharge only when others cut theirs. They are not leading but following. With regards to the article........//www.todayonline.com/singapore/closer-integration-between-sia-scoot-tigerair-natural-evolution-lui-tuck-yew. I don' t agree with his reasoning at all. He said Tigerair stake is not good for SQ.....Not true........ It was reported Sq numbers were helped by profits from Tigerair. So i would discount what he said. SQ in my opinion is overvalued. But do your own DD. i believe   they have not resumed their buybacks. It would be prudent to pay attention to their forward looking statements. Gong Xi Fa Cai. I hope the Teo family visits all my bros...........

 

The analyst was referring to the past Tigar operations where they took on more than they could handle.    2 rights issues after, they are still struggling with losses and that was a constant drag on SIA' s profitability, the latter previously owning 40% of Tigair.  However, after the Tigair 3rd rights issue, things have changed.    One, Tigair is now debt free, so there' s no interest servicing burden.  Two, Tigair and Scoot collaboration is supposed to be able to grab a strong position in the low cost carrier segment, this seems to be what Lui is saying, Tigair connects with Scoot and vice versa.  This was the way Silkway was helped along by SIA, connectivity up to 60% I read in in artcile.     The pie is neatly divided, Silkair and SIA goes after the premium class, Tigair and Scoot the LCC segment.     Three, Tigair sold off the excess businesses so as to focus on areas where there are synergies with Scoot. 

My gut feel seems to tell me that in the past, Tigair was more interested in grabbing as many routes as possible, and sinking a lot of monies into areas they are familiar with, hence burning up cash quickly. The board was crazy with growth ambitions but they failed miserably because more routes do not equal higher profitability, you need to fill the cabins with passengers and only if there is connectivity, not just price advantage.     Now with the discipline of cutting excesses and focusing on their strengths, plus the collaboration with Scoot, the chances of success are a lot higher.    I think the analyst missed these points and simply gloss over Tigair' s less glamourous past without looking at what has gone on hence one can dismiss those remarks.

sun233      ( Date: 21-Feb-2015 15:17) Posted: I remember some years back when there was a srike going on in India n the fighting intensfying in the middle east a passenger on Singapore airline flight was arguing with the SQ pilot about not taking off from Amsterdam. The disgruntled passenger was pissed said other airlines were flyng and he did not see why the SQ pilot refused to fly. The pilot' s response was," SQ did not become a leader in the industry by following others......" unfortunately they cut their fuel surcharge only when others cut theirs. They are not leading but following. With regards to the article........//www.todayonline.com/singapore/closer-integration-between-sia-scoot-tigerair-natural-evolution-lui-tuck-yew. I don' t agree with his reasoning at all. He said Tigerair stake is not good for SQ.....Not true........ It was reported Sq numbers were helped by profits from Tigerair. So i would discount what he said. SQ in my opinion is overvalued. But do your own DD. i believe   they have not resumed their buybacks. It would be prudent to pay attention to their forward looking statements. Gong Xi Fa Cai. I hope the Teo family visits all my bros...........

 

The Teo family visited me on New Years Eve!!   I have asked them to visit all my bros here on this board. I hope they will visit you guys.The Teo family members are Teo Bei Pio, Teo Tua Chye, Teo To To and Teo 4D. Don' t worry 1 member of the Teo family will not visit you, Teo Sum Man because he is out of town. Happy Lunar New Year to all bros.