Singapore and Australia airline stocks jump after talks on air travel bubble

cnbc2021-03-15

KEY POINTS Singapore’s foreign ministry confirmed that talks are ongoing between the city-state and Australia to set up an air travel bubble. Singapore Airlines shares were up 5.28% in early ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tomji
2021-03-16
Tomji
Would you gentlemen buy in more positions?? What do you see the tether price as?
- Daveb:
  They are not on my radar Tomji, what i notice is that stocks rise based on public news broadcasts which are often misleading. recovery for airlines is too early i think. another 6 months
- Daveb:
  I am not yet convinced re the airlines. I may be wrong , I just think its dangerous unless you buy at their all time lows and most i think have moved off them. Its a very long term buy at best.
- Huathk:
  Gd
RichBij69
2021-03-15
RichBij69
BUY SIA
RonnieSG
2021-03-15
RonnieSG
Great, it's about time
Abundance Thankful
2021-03-15
Abundance Thankful
Nice! Airline stocks are going up! :)

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1120583199?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-15 12:53","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1120583199","market":"sg","top_or_hot":-1,"title":"Singapore and Australia airline stocks jump after talks on air travel bubble","media":"cnbc","content":"<div>\n<p>KEY POINTS\n\nSingapore’s foreign ministry confirmed that talks are ongoing between the city-state and Australia to set up an air travel bubble.\nSingapore Airlines shares were up 5.28% in early ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/15/singapore-australia-travel-bubble-singapore-airlines-qantas-shares-jump.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore and Australia airline stocks jump after talks on air travel bubble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore and Australia airline stocks jump after talks on air travel bubble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 12:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/15/singapore-australia-travel-bubble-singapore-airlines-qantas-shares-jump.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s foreign ministry confirmed that talks are ongoing between the city-state and Australia to set up an air travel bubble.\nSingapore Airlines shares were up 5.28% in early ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/15/singapore-australia-travel-bubble-singapore-airlines-qantas-shares-jump.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"C6L.SI","symbol_name":"新加坡航空公司","start_time":0,"source_url":"https://www.cnbc.com/2021/03/15/singapore-australia-travel-bubble-singapore-airlines-qantas-shares-jump.html","article_id":"1120583199","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/03/15/singapore-australia-travel-bubble-singapore-airlines-qantas-shares-jump.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1120583199","pubTimestamp":1615783987,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nSingapore’s foreign ministry confirmed that talks are ongoing between the city-state and","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"C6L.SI":"新加坡航空公司"},"translate_title":"新加坡和澳大利亚航空公司股价大涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C6L.SI":0.9},"content_text":"KEY POINTS\n\nSingapore’s foreign ministry confirmed that talks are ongoing between the city-state and Australia to set up an air travel bubble.\nSingapore Airlines shares were up 5.28% in early afternoon trade, after surging as much as 8.49% earlier in the day.\nInternational borders have largely remained shut last year due to the Covid-19 pandemic and both countries appear to have brought the infection under control.\n\nSINGAPORE — Singapore Airlines shares jumped Monday after the city-state confirmed it was in talks with Australia to set up an air travel bubble.\nSingapore Airlines shares were up 5.28% in early afternoon trade, after surging as much as 8.49% earlier in the day. Airline-related shares such as SATS, a subsidiary company that provides in-flight catering, was up 3.43% while SIA Engineering advanced 5.12%.\nAustralian flag carrier Qantas gained 3.4%.\nAn air travel bubble would allow residents of Singapore and Australia to travel between both countries without the need for quarantine. International travel routes have remained relatively limited since global borders stayed shut last year due to the Covid-19 pandemic.\nBoth Singapore and Australia appear to have brought the infection under relative control, while vaccination programs are also underway.\n“Singapore is currently in discussions with Australia on the mutual recognition of vaccination certificates and resumption of travel with priority for students and business travellers,” the Ministry of Foreign Affairs in Singapore said in a statement on Sunday.\n“We are also discussing the possibility of an air travel bubble which will allow residents of Singapore and Australia to travel between both countries without the need for quarantine,” the ministry said.\nAustralian nationals can transit via Singapore without quarantine to return home if they travel on approved transit routes and comply with the state’s public health protocols, the statement added.\nAustralia’s Deputy Prime Minister Michael McCormack told local media on Monday that Canberra is potentially looking at July for the travel bubble with Singapore. But according to a transcript of his remarks, he added that while talks are productive, the discussions are in early stages.\nGlobal tourism takes a beating\nThe global travel and tourism sector took a massive hit last year as the pandemic shut down borders and suspended most international travels. Airlines struggled to stay afloat and the outlook for this year remains grim, particularly for large, full-service carriers.\nSingapore’s tourism sector saw a steep decline in the first nine months of 2020,according to data from the tourism authority. International visitor arrivals plunged 81.2% to just 2.7 million from a year ago and tourism receipts fell 78.4% to 4.4 billion Singapore dollars ($3.27 billion).\nThe city-state previously has tried to set up an air travel bubble with Hong Kong since last year. But it was postponed after Hong Kong reported a resurgence in new Covid-19 cases.\nLast week,Singapore’s Transport Minister Ong Ye Kung told CNBC the country is not giving up on trying to establish the travel bubble agreement with Hong Kong.\nSingapore has allowed visitors from certain places, including Australia, New Zealand, mainland China and Taiwan, to skip quarantine if they meet certain requirements — such as a negative Covid-19 polymerase chain reaction (PCR) test upon arrival.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":325925739,"gmtCreate":1615858728921,"gmtModify":1704787545673,"author":{"id":"3577325505292125","authorId":"3577325505292125","name":"Tomji","avatar":"https://static.tigerbbs.com/532a3a0ad4f7404cd51e8a18187863b7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577325505292125","authorIdStr":"3577325505292125"},"htmlText":"Would you gentlemen buy in more positions??&nbsp;What do you see the tether price as?&nbsp;","listText":"Would you gentlemen buy in more positions??&nbsp;What do you see the tether price as?&nbsp;","text":"Would you gentlemen buy in more positions?? What do you see the tether price as?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/325925739","repostId":1120583199,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3834446,"gmtCreate":1616142007195,"gmtModify":1680780980661,"authorId":3575141057639271,"author":{"id":3575141057639271,"idStr":"3575141057639271","authorId":3575141057639271,"name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325925739,"type":1,"supId":0,"prevId":0,"content":"They are not on my radar Tomji,  what i notice is that stocks rise based on public news broadcasts which are often misleading. recovery for airlines is too early i think. another 6 months","text":"They are not on my radar Tomji,  what i notice is that stocks rise based on public news broadcasts which are often misleading. recovery for airlines is too early i think. another 6 months","html":"They are not on my radar Tomji,  what i notice is that stocks rise based on public news broadcasts which are often misleading. recovery for airlines is too early i think. another 6 months"},{"id":3825372,"gmtCreate":1616062462068,"gmtModify":1680780839490,"authorId":3575141057639271,"author":{"id":3575141057639271,"idStr":"3575141057639271","authorId":3575141057639271,"name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325925739,"type":1,"supId":0,"prevId":0,"content":"I am not yet convinced re the airlines. I may be wrong , I just think its dangerous unless you buy at their all time lows and most i think have moved off them. Its a very long term buy at best.","text":"I am not yet convinced re the airlines. I may be wrong , I just think its dangerous unless you buy at their all time lows and most i think have moved off them. Its a very long term buy at best.","html":"I am not yet convinced re the airlines. I may be wrong , I just think its dangerous unless you buy at their all time lows and most i think have moved off them. Its a very long term buy at best."},{"id":3808630,"gmtCreate":1615898667361,"gmtModify":1680780586648,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325925739,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":322811430,"gmtCreate":1615794015320,"gmtModify":1704786550203,"author":{"id":"3572758527186658","authorId":"3572758527186658","name":"RichBij69","avatar":"https://static.tigerbbs.com/4078d5833a9214257d0c632dc31c48fe","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572758527186658","authorIdStr":"3572758527186658"},"htmlText":"BUY SIA","listText":"BUY SIA","text":"BUY SIA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322811430","repostId":1120583199,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":322802621,"gmtCreate":1615790397063,"gmtModify":1704786512601,"author":{"id":"3567295126071659","authorId":"3567295126071659","name":"RonnieSG","avatar":"https://static.tigerbbs.com/20c3815bb0969cd4ea7a26f56e53df31","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3567295126071659","authorIdStr":"3567295126071659"},"htmlText":"Great, it's about time","listText":"Great, it's about time","text":"Great, it's about time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322802621","repostId":1120583199,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":322141498,"gmtCreate":1615787527814,"gmtModify":1704786481043,"author":{"id":"3572176137415007","authorId":"3572176137415007","name":"Abundance Thankful","avatar":"https://community-static.tradeup.com/news/3596d672dc89783cd009721d4bab5ddb","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3572176137415007","authorIdStr":"3572176137415007"},"htmlText":"Nice! Airline stocks are going up! :)","listText":"Nice! Airline stocks are going up! :)","text":"Nice! Airline stocks are going up! :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322141498","repostId":1120583199,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":14,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1120583199"}