CECA deal will financially beneficial for sinkies in the long run

[syed putra]

Singapore Airlines' profit tumbles as Air India loss hits earnings
By Danny Lee / Bloomberg
28 Jul 2025, 06:09 pmUpdated - 07:16 pm

(July 28): Singapore Airlines Ltd said it is upbeat about travel demand over the peak summer travel period, even as the carrier weathers a slump in profit due to losses at Air India.
The airline’s net income dropped 59% to S$186 million (US$145 million or RM613 million) in the three months ended June 30, the carrier said in a statement on Monday. That was largely due to the results from Air India, in which it holds a 25.1% stake. Its performance wasn’t part of Singapore Air’s results last year.
The investigation into the fatal crash of Air India flight 171 in June is ongoing and the fallout is likely to continue to weigh on Singapore Air’s results. The Indian carrier cut capacity in the short term to deal with operational challenges in the aftermath of the disaster.

 

[zhihau]

To hell with CECA!

 

[eatshitndie]

air ceca will bring sia down with it. it’s the most stupid and disastrous acquisition ever. boh taiji look for trouble.

 

[laksaboy]

Today lose money. Tomorrow lose lives.

 

[WangChuk]

Singapore Airlines' profit tumbles as Air India loss hits earnings
By Danny Lee / Bloomberg
28 Jul 2025, 06:09 pmUpdated - 07:16 pm

(July 28): Singapore Airlines Ltd said it is upbeat about travel demand over the peak summer travel period, even as the carrier weathers a slump in profit due to losses at Air India.
The airline’s net income dropped 59% to S$186 million (US$145 million or RM613 million) in the three months ended June 30, the carrier said in a statement on Monday. That was largely due to the results from Air India, in which it holds a 25.1% stake. Its performance wasn’t part of Singapore Air’s results last year.
The investigation into the fatal crash of Air India flight 171 in June is ongoing and the fallout is likely to continue to weigh on Singapore Air’s results. The Indian carrier cut capacity in the short term to deal with operational challenges in the aftermath of the disaster.

Buffet say ... when people rush to sell, smart investors should start stocking up ..... so its about time to start buying SIA Shares now .... huat ah!

 

[True Believer]

Many S'poreans worry that CECA has led to an influx of Indian PMEs who are taking jobs away from locals, particularly in sectors like IT and finance. The agreement's provisions on the temporary movement of natural persons, including intra-corporate transferees, are a key reason for this.

 

[True Believer]

Companies under Indian leadership, favour hiring Indian nationals, creating a closed-door network that disadvantages S'poreans. The govt has safeguards like the Fair Consideration Framework, but these measures are not enough to prevent discrimination. The PAP appears to be turning a blind eye to the obvious discrimination against their own citizens.

 

[True Believer]

The PAP has stated that CECA explicitly does not apply to measures pertaining to citizenship, PR or permanent employment. The movement of people is for temporary entry and is subject to S'pore's regulations, but the govt cannot explain the presence of 650,000 Indian nationals in SG!

 

[mojito]

The PAP has stated that CECA explicitly does not apply to measures pertaining to citizenship, PR or permanent employment. The movement of people is for temporary entry and is subject to S'pore's regulations, but the govt cannot explain the presence of 650,000 Indian nationals in SG!

They are long term tourists. Can not?

 

[True Believer]

They are long term tourists. Can not?

These long term tourists apply for permanent white collar jobs, as well as buy condos and cars. Wow!

 

[True Believer]

CECA is the PAP's open leg policy to Indian nationals

 

[True Believer]

 

[True Believer]