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Boeing (NYSE:BA) has reached out to Singapore Airlines (OTCPK:SINGY) to discuss potential compensation for failing to deliver its long-delayed 777X aircraft on time, the carrier's CEO told Bloomberg on Wednesday. "There are conversations on what is the impact of the delay," CEO Goh Choon Phon...
BlackRock's iShares MSCI Singapore ETF holds a small portfolio of mostly blue chip companies. As with all market weighted ETFs, it will include companies which are neither profitable nor attractive in my opinion. Overall, it still offers passive investors a good proxy towards the ...
Singapore Airlines ('SIA') signed an LOI with Airbus to purchase seven A350F freighter aircraft, with options to order another five aircraft. The deliveries are scheduled to begin in the fourth quarter of 2025. The deal includes a swap with 15 A320neo and two A350-900 passenger aircraft in th...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Stock markets obeying the yield signWall Street looks to get its sea legs back at the open today after being whipsawed by interest rates. U.S. stock index ...
In mid-March, I analyzed the Airbus A380 ( EADSF ) fleet activity and observed that from the 242 aircraft Airbus A380 aircraft were delivered, 6 had previously been phased out and 96 were idled due to the pandemic. Some readers saw a role for the Airbus 380 due to its size, not because it can ...
Note: All currency is in Singapore dollars. Like any other airline, Singapore Airlines ( SINGY )( SINGF ) experienced a sharp decline in air travel demand in the first half of 2020 and it will take years for it to return to its 2019 profitability levels. Recently, the airline reported its ...
SINGAPORE, May 23, 2020 - (ACN Newswire) - China-based ZALL Group (ZALL) has donated one million surgical masks to the Singapore Red Cross (SRC). The shipment arrived in Singapore yesterday from China on Singapore Airlines flight SQ8259, and was delivered by ezbuy.sg land transportation fleet....
The COVID-19 pandemic has locked down the entire global economy, with the airlines' industry being the biggest casualty of the lot. Singapore Airlines ( OTCPK: SINGY ) ( OTCPK: SINGF ), a recipient of numerous awards over the years, is definitely reeling from the shock of COVID-19 recession....
Investor Takeaway Singapore Airlines Limited ( SINGY ) (SINGF) has taken a large hit due to the travel restrictions in place because of the coronavirus outbreak. With most of its aircraft unavailable to fly, the equity is trading at around 10-year lows. The majority stakeholder in the enterp...
"Without a lifeline from governments we will have a sectoral financial crisis," according to the International Air Transport Association, which called for extending lines of credit to airlines, reducing infrastructure costs and cutting taxes. More news on: JetBlue Airways Corporation, Am...
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Conventional thinking suggests the unexpected strength of the air cargo market so far this year is ready to cool off for the summer, as freight act...
SINGAPORE, May 23, 2020 - (ACN Newswire) - China-based ZALL Group (ZALL) has donated one million surgical masks to the Singapore Red Cross (SRC). The shipment arrived in Singapore yesterday from China on Singapore Airlines flight SQ8259, and was delivered by ezbuy.sg land transportation fleet....