SIA broke out to reach 4.65 (+26c)
#11
23-2-2021 6:16 PM
Honestboy said:
Yes there is a strong pent up demand for air travel, people will kill each other to get into the plane ..

Airfare price already increased, as seats cut to half because of one meter, so only if they have urgent business or other matters, people will not anyhow travel not like last time, morning go Hongkong, afternoon go Paris, at night go New York.
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#12
23-2-2021 6:48 PM
HSI said:
Airfare price already increased, as seats cut to half because of one meter, so only if they have urgent business or other matters, people will not anyhow travel not like last time, morning go Hongkong, afternoon go Paris, at night go New York.

Yes for now but once the vaccine is widely used, travel will resume
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#13
23-2-2021 7:23 PM
Honestboy said:
Yes for now but once the vaccine is widely used, travel will resume

Someone says may need four years.

https://www.straitstimes.com/singapore/o...accine-gan
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#14
Lets wait for the chairman report during AGM..
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#15
23-2-2021 5:46 PM
AwesomeTrader said:
Will it break below $3 the rights subscription price as some said?

Airline will be the last industry to recover.
Because it does not depend on Singapore, it depends on other countries to keep COVID under control.
SIA can recover but it will not be profitable in 2021 and 2022.
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#16
23-2-2021 7:57 PM
HSI said:
Someone says may need four years.

https://www.straitstimes.com/singapore/o...accine-gan

Knowing how Singaporeans are crazy over overseas travel, for sure they will travel once they are vaccinated and the countries they want to visit allow them to enter, mark my words Wink
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#17
Heard it might issue right issue again to support the recovery and take delivery of new planes....
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#18
Merge with indian airlines, it will be the biggest and profitable airline in the world in 50 years.
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