$SIA(C6L.SI)$ Turbulence at 30,000 Feet: Can the Flag Carrier Regain Altitude? Singapore Airlines (SGX: C6L), widely admired for its premium in-flight service and long-haul excellence, recently reported a sharp drop in net profit for the first quarter of FY2025. The headline-grabbing decline—more than 50% year-on-year—has sparked concern among investors just as macroeconomic headwinds, rising competition, and geopolitical risks begin to buffet the global aviation industry once more. Yet beneath the surface of falling earnings, Singapore Airlines remains one of the strongest balance sheets in the global airline sector, with healthy liquidity, disciplined cost management, and a diversified revenue base that includes Scoot and a lucrative cargo bus
SIA Tumbles for 3 Days! At What Price to Buy the Dip?
Singapore Airlines’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results. Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand. -------- With SIA free falling, what's your buy-the-dip price? How do you view the profit decline?
+ Follow
+2