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home / news releases / SINGY - Singapore Airlines: Turbulence Ahead


SINGY - Singapore Airlines: Turbulence Ahead

2024-05-28 08:18:02 ET

Summary

  • Singapore Airlines' financial results show a challenging revenue environment, with total revenues increasing 7% but cargo revenues tumbling 22.4%.
  • Unit costs have declined, but operating profit margins have declined from 15% to 14.3%.
  • The investment case for Singapore Airlines is not highly compelling, with expectations of pressure on free cash flow and unit revenues remaining under pressure.

For further details see:

Singapore Airlines: Turbulence Ahead
Stock Information

Company Name: Singapore Airlines Ltd ADR
Stock Symbol: SINGY
Market: OTC

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