An honorable member of the Coffee Shop Has Just Posted the Following:
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?
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