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"SINGAPORE, Feb 21 — A warning from home carrier Singapore Airlines that ticket prices were coming under pressure as costs are also rising sent its shares down nearly 10 per cent on Wednesday, casting a shadow over the Singapore Airshow."
"The Asian airline’s biggest one-day share price plunge since the global travel industry ground to a halt in March 2020 because of Covid-19 came after its December quarter earnings missed market expectations on Tuesday."
https://www.malaymail.com/news/singapore...%20Airshow.
(This post was last modified: 22-02-2024, 11:20 AM by
Scythian.)
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.
Despite Reported poor results, SIA still giving huge bonuses
"
Singapore Airlines Ltd has announced that its staff will be receiving around eight months of salary as a bonus after the company posted a record annual profit. This is the highest profits that the company has posted in its 76-year history, reported Bloomberg.
19 May 2023"
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Coming under pressure to rise and rise lah ... Talk like pressure will drop price ...
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Rises of air ticket prices under pressure
Where got coming down?
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn
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>
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(22-02-2024, 11:34 AM)Lukongsimi Wrote: Rises of air ticket prices under pressure
Where got coming down?
"The American Express Global Business Travel forecast has predicted airfares between Australia and Asia and between Europe and Asia to drop in 2024. The annual report predicts business class flights between Australia and Asia to dip 5.1 per cent, while economy will drop 3.4 per cent.12 Dec 2023"
https://www.google.com/search?q=airlines...es+to+drop&oq=airlines+predict+air+fares+to+drop&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRiPAjIHCAUQIRiPAtIBCTE4NDQ3ajBqNKgCALACAA&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=The%20American%20Express,12%20Dec%202023
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without chinese (PRC) traveling many are seeing less demand?
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(22-02-2024, 11:23 AM)Scythian Wrote: .
Despite Reported poor results, SIA still giving huge bonuses
"
Singapore Airlines Ltd has announced that its staff will be receiving around eight months of salary as a bonus after the company posted a record annual profit. This is the highest profits that the company has posted in its 76-year history, reported Bloomberg.
19 May 2023"
the boss get how many millions $$$ performance bonus?
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(22-02-2024, 04:09 PM)K88 shu shu Wrote: the boss get how many millions $$$ performance bonus?
After collecting multi millions bonuses, now issues warming, SIA shares prices plunged 10%
$$$ already in the pocket
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(22-02-2024, 03:59 PM)wulala Wrote: without chinese (PRC) traveling many are seeing less demand?
Is it PRC tourists have nothing better to see or do in China...?
Flew to Singapore to see Merlion spitting and China Town?