Jesseycy From New Zealand, joined Aug 2001, 343 posts, RR: 0
Reply 4, posted (11 years 8 months 2 weeks 2 days 5 hours ago) and read 2591 times:
So anyone has a good speculation of why the shares are dropping so low? Is it because their load figures are not good? What are they anyway?
At any other time, I would say not worry, the Singapore government will bail them out. But now, hmm, S'pore seems to be easing off its tightly controlled economy...... So this time, it looks like SIA is pretty much on its own!
But it's a great airline, with lots of reserves... No worry still......
Ex_SQer From United States of America, joined Apr 2002, 1435 posts, RR: 5
Reply 6, posted (11 years 8 months 2 weeks 2 days 3 hours ago) and read 2559 times:
Jesseycy: Investors are spooked, that's all. If you look at the stock market this past few weeks you'll see that it's been see-sawing everyday and people are freaked out by all the uncertainty in the economy today.
Singapore_Air From United Kingdom, joined Nov 2000, 13735 posts, RR: 19
Reply 7, posted (11 years 8 months 2 weeks 2 days 3 hours ago) and read 2557 times:
Singapore Airlines' performance seen February (arguably January) 2002, has been better than the months for the year before.
Load factors have been increasing since February and Revenue Passenger Kilometres have been consistently increasing above the month from the year before.
Inspite of the load factors increasing, capacity has also increased to meet the demand.
This is in contrast with competitors around the world and in the region where load factors have increased, but capacity has been dramatically cut, and revenue passenger kilometres continue to fall.
Shares in Singapore Airlines fell because of a revaluation in the industry according to analysts based in Singapore and other cities in Asia. In addition, the U.S. economy is unstable and the outlook is unclear.