Looking bright with most count-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Looking bright with most countries opening up

@lappiloco：$SINGAPORE AIRLINES LTD(C6L.SI)$ Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger traffic year on year thanks to an easing of COVID-19 travel restrictions. The figure was a major improvement from the S$409 million loss in the first quarter a year earlier, when more than two thirds of its revenue was from cargo. SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history. The airline has been ramping up capacity from its Singapore hub and expects to reach about 81% of pre-pandemic levels by the end of December, up from 61% in the June quarter. Revenue per available seat kilometre, a measure combining airfares and the percentage of seats filled, reached a record peak at its full-service airline during the June quarter, the carrier said. Travel demand has rebounded strongly in all regions except East Asia, where rules remain stricter than most of the world. SIA, however, said inflationary pressures including elevated fuel prices remain a concern. SIA reported an operating cash surplus of S$1.48 billion during the first quarter. Its strong performance contrasts with Hong Kong-based rival Cathay Pacific Airways, which has been hampered by strict passenger and crew quarantine rules. Cathay expects its passenger capacity to approach up to 25% of pre-pandemic levels by year-end, up from 11% in June. Singapore will resume operations at its main airport's fourth terminal on Sep. 13, the Changi Airport Group said last week, citing a strong rebound in passenger demand. With the year end tracel demands coming, it is a good buy now as it will definitely rise soon.

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What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a><v-v data-views=\"1\"></v-v></p><p>Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger traffic year on year thanks to an easing of COVID-19 travel restrictions.</p><p>The figure was a major improvement from the S$409 million loss in the first quarter a year earlier, when more than two thirds of its revenue was from cargo.</p><p>SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history.</p><p>The airline has been ramping up capacity from its Singapore hub and expects to reach about 81% of pre-pandemic levels by the end of December, up from 61% in the June quarter.</p><p>Revenue per available seat kilometre, a measure combining airfares and the percentage of seats filled, reached a record peak at its full-service airline during the June quarter, the carrier said.</p><p>Travel demand has rebounded strongly in all regions except East Asia, where rules remain stricter than most of the world.</p><p>SIA, however, said inflationary pressures including elevated fuel prices remain a concern.</p><p>SIA reported an operating cash surplus of S$1.48 billion during the first quarter.</p><p>Its strong performance contrasts with Hong Kong-based rival Cathay Pacific Airways, which has been hampered by strict passenger and crew quarantine rules.</p><p>Cathay expects its passenger capacity to approach up to 25% of pre-pandemic levels by year-end, up from 11% in June. Singapore will resume operations at its main airport's fourth terminal on Sep. 13, the Changi Airport Group said last week, citing a strong rebound in passenger demand.</p><p>With the year end tracel demands coming, it is a good buy now as it will definitely rise soon.&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a><v-v data-views=\"1\"></v-v></p><p>Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger traffic year on year thanks to an easing of COVID-19 travel restrictions.</p><p>The figure was a major improvement from the S$409 million loss in the first quarter a year earlier, when more than two thirds of its revenue was from cargo.</p><p>SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history.</p><p>The airline has been ramping up capacity from its Singapore hub and expects to reach about 81% of pre-pandemic levels by the end of December, up from 61% in the June quarter.</p><p>Revenue per available seat kilometre, a measure combining airfares and the percentage of seats filled, reached a record peak at its full-service airline during the June quarter, the carrier said.</p><p>Travel demand has rebounded strongly in all regions except East Asia, where rules remain stricter than most of the world.</p><p>SIA, however, said inflationary pressures including elevated fuel prices remain a concern.</p><p>SIA reported an operating cash surplus of S$1.48 billion during the first quarter.</p><p>Its strong performance contrasts with Hong Kong-based rival Cathay Pacific Airways, which has been hampered by strict passenger and crew quarantine rules.</p><p>Cathay expects its passenger capacity to approach up to 25% of pre-pandemic levels by year-end, up from 11% in June. Singapore will resume operations at its main airport's fourth terminal on Sep. 13, the Changi Airport Group said last week, citing a strong rebound in passenger demand.</p><p>With the year end tracel demands coming, it is a good buy now as it will definitely rise soon.&nbsp;</p></body></html>","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger traffic year on year thanks to an easing of COVID-19 travel restrictions. The figure was a major improvement from the S$409 million loss in the first quarter a year earlier, when more than two thirds of its revenue was from cargo. SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history. The airline has been ramping up capacity from its Singapore hub and expects to reach about 81% of pre-pandemic levels by the end of December, up from 61% in the June quarter. Revenue per available seat kilometre, a measure combining airfares and the percentage of seats filled, reached a record peak at its full-service airline during the June quarter, the carrier said. Travel demand has rebounded strongly in all regions except East Asia, where rules remain stricter than most of the world. SIA, however, said inflationary pressures including elevated fuel prices remain a concern. SIA reported an operating cash surplus of S$1.48 billion during the first quarter. Its strong performance contrasts with Hong Kong-based rival Cathay Pacific Airways, which has been hampered by strict passenger and crew quarantine rules. Cathay expects its passenger capacity to approach up to 25% of pre-pandemic levels by year-end, up from 11% in June. Singapore will resume operations at its main airport's fourth terminal on Sep. 13, the Changi Airport Group said last week, citing a strong rebound in passenger demand. 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