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SIA to be Sold

Reddog

Alfrescian
Loyal
National Steel (aka NatSteel) sold.
National Orient Line (aka NOL) sold.

Next SIA to be sold ?

pap's business model is fantastic.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
It's a good move because governments should not be involved in business.

The NZ government has been selling chunks of its state owned assets too.
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
It's a good move because governments should not be involved in business.

The NZ government has been selling chunks of its state owned assets too.

The money they got from the sales benefited you kiwis?
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
The money they got from the sales benefited you kiwis?

Of course not. No government is interested in helping its citizens. The NZ government is no different from the sinkie government in this regard.

The only people who benefitted from the sale were the government cronies that were involved in the divestment process and earned big fat commissions.
 

batman1

Alfrescian
Loyal
Nothing surprising.IF sinkees are sold out by MIW,all national assets can also be sold.Anyway, 70 % approve the MIW!Nothing to complain !
 

johnny333

Alfrescian (Inf)
Asset
I doubt they will sell SIA.

Spore is an island & if they have to "run road" how are they going to do that:confused:
After selling off of NOL, it's harder to ship out.

Also, if LHL, Ho Ching, ... etc get ill overseas, which other airline would give them a FREE ride back:confused:
 

yinyang

Alfrescian (Inf)
Asset
..governments should not be involved in business.
That's too broad and dim view. Strategic economic, public or infrastructure interests ("nationalisation" by another name)?

Aren't kiwis bureaucrats into rail, ferries and energy?
 

Pinkieslut

Alfrescian
Loyal
SIA should review its half-baked game plan now, warns report

Its strategy is incoherent, analysts argue.

Singapore Airlines needs to revise its strategy if it wants to claw back market share from low-cost carriers (LCCs) and Middle Eastern airlines, according to a report by Aspire Aviation.

In particular, the report argues that SIA’s strategy of allowing frequent flyers to earn and redeem Krisflyer miles on budget carriers Tigerair and Scoot over routes both served by SIA and SilkAir leads to cannibalisation and does not help in boosting the parent airline’s bottomline.

“So far Singapore Airlines’ response to the multiple-front threat of the rise of Middle Eastern carriers and low-cost carriers (LCCs) is piecemeal and incoherent. [This strategy] has further blurred the line of differentiation on the product front and lowered the switching cost for its most price-elastic Economy passengers and lowest-tier Krisflyer members,” said the report.

Although it can be argued that SIA’s strategy works by boosting its low-cost subsidiaries’ growth, Aspire Aviation notes that such cannibalisation gives the parent airline less room for growth.

“All in all, this is about maximising the economic value added by each unit without stepping on each other’s toes. Only without such internal cannibalisation could Singapore Airlines realise the full potential of its portfolio strategy. At the namesake SIA brand, eliminating the cannibalisation could give it more leeway to slash costs whilst providing exemplary services,” said the report.

“Or else SIA will be under further squeeze, boxed in between group subsidiaries and relentless external competition. It is time to revisit the half-baked strategy, before it is too late,” Aspire Aviation urged.
- See more at: http://sbr.com.sg/aviation/news/sia...me-plan-now-warns-report#sthash.9O57Cvp1.dpuf
 

Narong Wongwan

Alfrescian (Inf)
Asset
I doubt they will sell SIA.

Spore is an island & if they have to "run road" how are they going to do that:confused:
After selling off of NOL, it's harder to ship out.

Also, if LHL, Ho Ching, ... etc get ill overseas, which other airline would give them a FREE ride back:confused:

They got entire SAF at their disposal....
At most buy a new 380 and rebadged it as RSAF's to standby as leegime's run road ride
 

bushtucker

Alfrescian (Inf)
Asset
i am not surprised. everything is outsourced to foreigners. even the ownership of national iconic companies are being transferred to foreign organizations.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
That's too broad and dim view. Strategic economic, public or infrastructure interests ("nationalisation" by another name)?

Aren't kiwis bureaucrats into rail, ferries and energy?

Kiwi was sold and bought again. Government owned energy companies are now 49% privately owned. Government maintains controlling stake.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
i am not surprised. everything is outsourced to foreigners. even the ownership of national iconic companies are being transferred to foreign organizations.

I'm sure the Singapore government would be only too happy for local private equity. However because sinkies are so useless none have made it big enough to pay the tab.
 

tun_dr_m

Alfrescian
Loyal
See the signs clearly, all these sales done while WHORE JINX on sabbatical why?

They are closing shop and Loong want to hand over PM to his so called successor (terminator actually) and they will tear down Oxley Road #38 and flee with the monies.
 
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