SIA revamps PPS Club Programme with new benefits

31 May 2017 - Singapore Business Review
One perk is the non-expiry of KrisFlyer miles. Singapore Airlines will be introducing new benefits and rewards to its PPS Club programme. Commencing on June 1, the new benefits under the program will include the non-expiry of KrisFlyer miles, priority access to Saver award redemption inventory, and fast ...
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SIA introduces changes to PPS Club programme

30 May 2017 - Business Times Breaking News
SINGAPORE Airlines (SIA) is introducing new benefits and rewards to its PPS Club programme from June 1 in response to feedback from programme members. Changes include non-expiry of KrisFlyer miles, priority access to "Saver" award redemptions, and fast-track security and immigration clearance at selected ...
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SilkAir to fly directly to Hiroshima starting October

30 May 2017 - Singapore Business Review
It will run three times a week. Singapore Airline's regional wing SilkAir will be launching non-stop flights between Singapore and Hiroshima, Japan, this year. Commencing 30 October 2017, this return flight service will run three times a week, on Mondays, Thursdays and Saturdays, the group said in a ...
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Here's what SIA needs to do instead of aggressively discounting prices

29 May 2017 - Singapore Business Review
This strategy is unsustainable in the long-run. Singapore Airlines carrier should rationalise capacity on unprofitable routes instead of aggressively discounting prices, argued UOB Kayhian. According to the brokerage firm, the Singapore flag carrier should rationalise unprofitable routes, cut capacity ...
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SIA eyes to diversify bond issuances

29 May 2017 - Singapore Business Review
As it plans to spend $30.1b. Bloomberg reported that as Singapore Airlines Ltd. considers broadening its debt sources amid plans to spend $30.1b ($22b) some analysts are pointing to the likelihood of a shift to U.S.-dollar bonds and the higher borrowing costs that may entail. Chief Financial Officer ...
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SIA partners with TSA to expedite security screening procedures

26 May 2017 - Singapore Business Review
It will be the first Asian airline to participate in the said programme. Singapore Airlines (SIA) and the Transportation Security Administration (TSA) have partnered to offer customers travelling from US airports expedited security screening procedures under the TSA Precheck programme. SIA is the first ...
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SIA turns to non-flagship brands to boost profits

26 May 2017 - Singapore Business Review
SilkAir and BAH could offset weakness in SIA's flagship business. Singapore Airlines' flagship brand has historically been the airline's main profit source, accounting for 62-99% of the its earnings before interest and taxes (EBIT) over the last five years. It was especially helpful during the time when ...
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SIA budget carriers generate $22m in operating profit

23 May 2017 - Singapore Business Review
As unit cost declined 9.4%. Singapore Airlines' SilkAir and budget carriers TigerAir and Scoot generated $27m and $22m in operating profit as unit cost declined 7.8% and 9.4%, respectively. According to UOB Kayhian, their earnings stand in stark contrast to that of the parent airline, even as load factors ...
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SIA, Cathay lock horns with Chinese carriers

23 May 2017 - Singapore Business Review
The duo is suffering two common problems. According to a report from Reuters, Asia’s aviation hub model is showing signs of wear and tear as Singapore Airlines and Hong Kong rival Cathay Pacific face intense competition with Chinese carriers. The report said the two airlines are facing two common problems. ...
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Daily Briefing: Foreigner eligible townhouses at Skies Miltonia relaunched for sale; SIA reels under intense competition

23 May 2017 - Singapore Business Review
And here are the five biggest REITs in Singapore right now. From PropertyGuru: A completed residential project at Miltonia Close in Yishun is offering foreigners a rare chance to own a landed home in Singapore. TG Master, a joint venture between property developer TG Development and construction firm ...
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