National Financial Disaster - Capitaland, Keppel, Singtel, SPH, SIA

[Chase]

Singapore Air, Qantas’ Diverging Fortunes Show Covid Disparities​

While not out of the woods just yet, Qantas said Thursday it expects revenue from routes within Australia to almost double in the six months through June from the second half of last year. The airline and its low-cost unit Jetstar have added 38 routes since July to cater to people jetting around the essentially Covid-free country while international travel remains off limits.

Singapore Airlines doesn’t have the luxury of a home market, let alone a giant one like Australia. Even a slither of potential revenue from a quarantine-free travel bubble agreement with Hong Kong has gone now that the plan has been shelved once again due to an uptick in virus cases in Singapore. On Wednesday, Singapore Airlines posted a record annual loss of S$4.3 billion ($3.2 billion).

Their diverging fortunes reflect the state of the wider global aviation industry and world in general. https://www.bnnbloomberg.ca/singapore-air-qantas-diverging-fortunes-show-covid-disparities-1.1606102

 

[Chase]

For the $4.84 rights issue to be successful, we need to support SIA's price until rights issued for the Mandatory Convertible Securities until 16th June.
https://links.sgx.com/FileOpen/Launch Announcement 2021.ashx?App=Announcement&FileID=667338

 

[nayr69sg]

Singapore Air, Qantas’ Diverging Fortunes Show Covid Disparities​

While not out of the woods just yet, Qantas said Thursday it expects revenue from routes within Australia to almost double in the six months through June from the second half of last year. The airline and its low-cost unit Jetstar have added 38 routes since July to cater to people jetting around the essentially Covid-free country while international travel remains off limits.

Singapore Airlines doesn’t have the luxury of a home market, let alone a giant one like Australia. Even a slither of potential revenue from a quarantine-free travel bubble agreement with Hong Kong has gone now that the plan has been shelved once again due to an uptick in virus cases in Singapore. On Wednesday, Singapore Airlines posted a record annual loss of S$4.3 billion ($3.2 billion).

Their diverging fortunes reflect the state of the wider global aviation industry and world in general. https://www.bnnbloomberg.ca/singapore-air-qantas-diverging-fortunes-show-covid-disparities-1.1606102

Actually SIA can offer "flights to nowhere" experiences within Singapore. Make their own so called domestic market.
Of all the airlines is SIA the only one with no domestic market? Finished if fhe pandemic lasts another 2 to 3 years.

 

[Chase]

Actually SIA can offer "flights to nowhere" experiences within Singapore. Make their own so called domestic market.
Of all the airlines is SIA the only one with no domestic market? Finished if fhe pandemic lasts another 2 to 3 years.

In the past six months, SIA has been laundering south asian passengers and transit them from Singapore to different countries. HK and Aust already flagged us.

Now we have the outbreak from Changi Airport.
Singapore will finish before SIA finish.

 

[Chase]

Singtel is trying to avoid rights-issue and seeks to dispose assets to pay off their debts

https://www.straitstimes.com/busine...of-infrastructure-assets-posts-12-h2-earnings

 

[winners]

Actually SIA can offer "flights to nowhere" experiences within Singapore. Make their own so called domestic market.
Of all the airlines is SIA the only one with no domestic market? Finished if fhe pandemic lasts another 2 to 3 years.

I doubt this can be a good proposal. Even their "Meals-On-Board" gimmick also didn't really take off and have discontinued. The best way is to downsize both their fleet and manpower. No choice, have to bite the bullet and cut loss, just like buying stocks and shares.

 

[nayr69sg]

I doubt this can be a good proposal. Even their "Meals-On-Board" gimmick also didn't really take off and have discontinued. The best way is to downsize both their fleet and manpower. No choice, have to bite the bullet and cut loss, just like buying stocks and shares.

Uhmm i meant it as a joke. You mean it didnt sound totally 100% absurd to you? Lol!

 

[eatshitndie]

Uhmm i meant it as a joke. You mean it didnt sound totally 100% absurd to you? Lol!

may be mile high club in tight pussies and spaces may attract the kinky crowd.

 

[nayr69sg]

may be mile high club in tight pussies and spaces may attract the kinky crowd.

Maybe time to look into "living in the sky".

Where people live on the plane. Just keeps flying and flying. Refuel in the air.

The elites sure interested. Can have hospitals in the sky too.

Interesting concept.

 

[eatshitndie]

Maybe time to look into "living in the sky".

Where people live on the plane. Just keeps flying and flying. Refuel in the air.

The elites sure interested. Can have hospitals in the sky too.

Interesting concept.

may be space travel in a semi-permanent orbit. it requires less energy than airplanes once lofted in space.

 

[nayr69sg]

may be space travel in a semi-permanent orbit. it requires less energy than airplanes once lofted in space.

Space travel more complicated lah. Need oxygen. Gravity. Food. Re entry.

Dont think SIA or even Temasek got that kind of budget.

Energy is abundant in sg. I never hear any concerns about energy shortage or fuel shortage or electricity grid issues in SG do you?

 

[eatshitndie]

Space travel more complicated lah. Need oxygen. Gravity. Food. Re entry.

Dont think SIA or even Temasek got that kind of budget.

Energy is abundant in sg. I never hear any concerns about energy shortage or fuel shortage or electricity grid issues in SG do you?

space sex, oops space x, selling seats for $20m roundtrip. biz case will require all the world’s billionaires to sign up and get in line.

 

[Eisenhut]

Always give me a chuckle when people always blamed the 61% for every fuckup this country have, Please don't do that. it only show your ignorance. People vote for many reasons, not all PAP supporter are dumb like fuck or all Oppo are loser that cannot make it in this country where even Idiots can be ministers.

Dumbfuck spotted

 

[Papsmearer]

National financial disaster is much more extensive then these few companies. Look at ST. They are bleeding cash. If MINDEATH and SAF did not buy all their shit at huge mark up, they would have been bankrupt

 

[Chase]

National financial disaster is much more extensive then these few companies. Look at ST. They are bleeding cash. If MINDEATH and SAF did not buy all their shit at huge mark up, they would have been bankrupt

ST is cash rich, they even lend money to other GLC siblings and parent.

 

[Chase]

SOS - SAVE OUR SIA
Singapore planning for possibility that COVID-19 becomes endemic here

https://www.businesstimes.com.sg/go...ossibility-that-covid-19-becomes-endemic-here

 

[zhihau]

left pocket to right pocket, right pocket to left pocket.

shiok sendiri only...

 

[eatshitndie]

left pocket to right pocket, right pocket to left pocket.

shiok sendiri only...

over here we call that “pocket pool” or “pocket billiards”.

 

[Chase]

With almost $13billion in debts and continued losses in India, with only $0.8billion cash-in-hand, can Singtel's new leadership cope with these liabilities? How much assets will Singtel have to lelong (erode NTA) to meet these debt obligations?

 

[Chase]

SPH becomes Singapore Properties Holdings