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SIA still making money!!!

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Old Feb 14, 2019, 4:10 pm
  #1  
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SIA still making money!!!

Looks like a nice Valentine's Day gift for SQ shareholders....

Third Quarter Revenue Growth Offsets Higher Net Fuel Costs
  • Transformation momentum spurs revenue growth
  • Ex-fuel costs well controlled amid capacity expansion
  • Risks in the global business environment may weigh on demand
Operating profit in the 9 months up to Q3 2018 was worse than the prior year, with Scoot still making a loss.

Interesting to read about the changes that will take place as a result of the folding in of SilkAir into SQ.

Following a detailed review of the Group network ahead of SilkAir’s merger into SIA, selected SilkAir routes to China, Indonesia, India, Laos, Malaysia and Thailand are planned for transfer to Scoot. Subject to regulatory approvals, this will be done progressively between April 2019 and the second half of 2020
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Old Feb 14, 2019, 8:10 pm
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Krisflyer improvements reduced liability
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Old Feb 16, 2019, 12:41 am
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Originally Posted by Wongo
Krisflyer improvements reduced liability

HAHAHA! Too true!!!!
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