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- May 26, 2009
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SIA's profit decreased from $851m in 2010 to $255m in 2013.
SIA's passenger load factor has continued to go down this year whereas most other airlines continue to grow. IATA expects growth to reach 7% next year from 5% but SIA is decreasing at abt 1.3%.
Tiger Air is bleeding. SIA is expected to lose a lot of money due to poor hedging of aviation fuel.
Most indicators indicator a bad SIA performance
Will SIA suffer its 1st annual loss this year or next year?
SIA's passenger load factor has continued to go down this year whereas most other airlines continue to grow. IATA expects growth to reach 7% next year from 5% but SIA is decreasing at abt 1.3%.
Tiger Air is bleeding. SIA is expected to lose a lot of money due to poor hedging of aviation fuel.
Most indicators indicator a bad SIA performance
Will SIA suffer its 1st annual loss this year or next year?
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