Singapore Airlines

[kennynah]

for so long as the SQ girls wear low cut kabayas and politely say " sir, coffee, tea or me?" SIA will continue to fly high and make their $$

[winston]

Singapore Airlines - Goldman Sachs lowered its 12-month price target for Singapore Airlines to S$11.0 from S$13.30, and maintained its "sell" rating on the stock.

Singapore Airlines said last week that first and business class travel within Asia had fallen victim to belt-tightening as a result of the global economic downturn.

[millionairemind]

A long term chart for SIA.

[kennynah]

the double top is not so nice.... means...suggests a downward bias...as indicated by MM....$8 does seem like a support...which if it doesnt hold..then...it's charlie hongkong...

[iam802]

I think if it break 11, have to be careful already.

Currently trading around 11.2

[millionairemind]

ovember 17, 2008, 7.04 pm (Singapore time)

SIA's Oct load factor drops
By ANGELA TAN


SINGAPORE Airlines reported that it filled an average of 77.5 per cent of seats in October - a drop of 0.8 percentage points compared to a year ago. It was also the 10th straight month of decline.

This despite carrying more than 1.6 million passengers, a 1.3 per cent increase over the 1.58 million carried in October 2007.

Cargo was hit especially bad. Total volume carried fell 8.4 per cent to 104.7 million kg. Although capacity was cut 7.1 per cent, SIA managed to fill just 59.4 per cent of the total space.

[kennynah]

ok ok....i shd sell my Long position....

[winston]

SINGAPORE AIRLINES - Goldman Sachs upgraded its investor rating for shares of Singapore Airlines to "neutral" from "sell", with a 12-month price target of S$10 citing attractive valuations.

[millionairemind]

Published December 16, 2008

SIA Nov traffic slump biggest in 5 years

(SINGAPORE) Singapore Airlines, the world's largest carrier by market value, reported its biggest slump in traffic in more than five years as a global recession cuts travel demand. Passenger numbers slid 6.1 per cent last month to 1.54 million, the airline said in a Singapore stock exchange statement yesterday. That's the biggest drop since a 7.6 per cent decline in August 2003, according to data compiled by Bloomberg.

SIA's traffic has declined in two of the past three months as financial firms cut business travel and people cancel leisure trips. Global air traffic will decline 3 per cent next year, the first drop since 2001, the International Air Transport Association has said. The airline gained 0.2 per cent to $11.06 in trading yesterday. The shares have declined 36 per cent this year. -- Bloomberg

[kennynah]

when travelling on business aqnd hence expenses paid for by company.... many singaporeans preference is to fly with SQ

on personal trips, many singaporeans preference is to fly cheap


am i right on this assumption?