by Amruth Sundarkumar | Nov 17, 2022 | Singapore Dollar Bonds
Singapore Airlines Group (SIA Group) reported a record H1 operating profit of S$1.23bn ($876mn) and net profit of S$927mn ($658mn). In comparison, last year the airlines recorded an operating loss of S$620mn ($451mn) and net loss of S$837mn ($610mn). In the half year...
by Amruth Sundarkumar | Oct 26, 2022 | Singapore Dollar Bonds
Singapore Airlines (SIA) plans to redeem its mandatory $3.5bn convertible bonds on 8 December 2022, as per an exchange filing. The airlines plans to spend S$3.86bn ($2.71bn) to redeem the bond that was issued in 2020 to help it weather the pandemic’s impact of...
by Amruth Sundarkumar | Oct 14, 2022 | Corporates, Singapore Dollar Bonds
Singapore Airlines (SIA) and Tata Group are exploring a potential integration of jointly-owned Vistara (51% Tata, 49% SIA) and Air India, which is a subsidiary of Tata. SIA and Tata are thus currently in talks which could potentially “deepen the existing partnership”...
by Amruth Sundarkumar | May 19, 2022 | Singapore Dollar Bonds
Singapore Airlines (SIA) reported a loss of S$962mn for the financial year ending 2022, as compared to a loss of S$4.27bn in the previous year. Its revenues doubled to S$7.62bn over the course of the year. An ease of travel restrictions helped boost passenger traffic...
by Amruth Sundarkumar | Feb 25, 2022 | Corporates, Singapore Dollar Bonds
Singapore Airlines (SIA) reported a net profit of S$85mn (vs. a loss of S$141.8mn in Q3 2020) on total revenues of S$2.32bn, up 117% YoY for its third quarter ended December. This is the first quarterly profit for Singapore’s flag carrier since the pandemic...
