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SIA has lost competitive edge liao...the level of food is deteriorating.
U know why they are able to stay in profit? They are quick to cut staff's pay....but one thing...they reward their shareholders alot LOL...i believe if you have held their shares since last year...u will be laughing to the bank...their dividend payout is good...
SIA lost competitive edge? Hmm a bit sad to hear that, this is the only Singapore company that truly made it global brand so far.
Read about them cutting staff pay during the year of loss, did they restore and pay back the difference by now? Didn't buy the shares lah, very expensive and airline industry very competitive, but this year they declared much higher dividend under the new CEO. Don't know whether the higher dividend is sustainable?
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