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02-07-2014, 03:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
https://sg.finance.yahoo.com/news/ca...023300902.html (https://sg.finance.yahoo.com/news/cathay-pacific-beats-sia-budget-023300902.html)
Cathay Pacific beats SIA in budget air woes: Bloomberg
There is less competition in Hong Kong.
A recent report by Bloomberg shows that Cathay Pacific’s shares routed those of Singapore Airlines since the global financial crisis, as the Hong Kong carrier avoided the budget-airline trap while SIA doubled down.
Over the last 5 years, Cathay shares delivered a total return of 53% compared with SIA’s paltry 6.3%. The average annual return was 8.9% for the Hong Kong carrier versus 1.2% for SIA.
In Bloomberg’s interview with Arnaud Bochet, the analyst at BNP Paribas in Singapore says that Cathay Pacific has seen very strong recovery since the global financial crisis due to the fact that competition is lower in Hong Kong. He adds that Singapore Airlines has had to deal with intense competition in the Kangaroo routes (services between Australia and Europe), particularly from the Middle East airlines, and budget carriers within Southeast Asia.
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pana
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pana • 2 hours 13 minutes ago Report Abuse
SIA chief executive Goh Choon Phong's pay was usd$2,635,025 - Bloomberg Businessweek. Goh has a masters degree and 3 bachelor's degrees, all in science and technology related fields, all from MIT.
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First
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First • 34 minutes ago Report Abuse
With the paltry return of 1.2%, SIA might as well divest and put the money in bank to earn interest to make about 1.88% from DBS Bank.
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Oplo
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Oplo • 2 hours 28 minutes ago Report Abuse
SIA is a SOE and it hasn't been doing well for the past 5 years. Shouldn't Temasek (owned >54%), SIA BOD and Snr Mgt held accountable and responsible? Still sitting around collecting good bonuses and year-end parties?
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TGH
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TGH • 3 hours ago Report Abuse
It would be informative and interesting to compare the pay of the top management from both carriers.
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TIMOTHY
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TIMOTHY • 2 hours 23 minutes ago Report Abuse
Cathay Pacific air stewardess uniform is very nice..... nice short skirts.
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James
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James • 1 minute 5 seconds ago Report Abuse
Who cares..SIA don't give their citizens any free flight....I not the Lees who are major shareholders of SIA.
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First
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First • 33 minutes ago Report Abuse
SIA may be dying soon like old Lee?
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First
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First • 38 minutes ago Report Abuse
Tiger Air's CEO has gone. It is times up for SIA's CEO as well.
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First
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First • 36 minutes ago Report Abuse
With the paltry return, SIA will not make enough money to renew its fleets of planes. Sooner or later, SIA will be saddled with all old planes
Reply
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?185098-SIA-s-problems-I-think-another-it-is-anothersign-of-the-PAP-s-empire-is-collapsing&goto=newpost).
https://sg.finance.yahoo.com/news/ca...023300902.html (https://sg.finance.yahoo.com/news/cathay-pacific-beats-sia-budget-023300902.html)
Cathay Pacific beats SIA in budget air woes: Bloomberg
There is less competition in Hong Kong.
A recent report by Bloomberg shows that Cathay Pacific’s shares routed those of Singapore Airlines since the global financial crisis, as the Hong Kong carrier avoided the budget-airline trap while SIA doubled down.
Over the last 5 years, Cathay shares delivered a total return of 53% compared with SIA’s paltry 6.3%. The average annual return was 8.9% for the Hong Kong carrier versus 1.2% for SIA.
In Bloomberg’s interview with Arnaud Bochet, the analyst at BNP Paribas in Singapore says that Cathay Pacific has seen very strong recovery since the global financial crisis due to the fact that competition is lower in Hong Kong. He adds that Singapore Airlines has had to deal with intense competition in the Kangaroo routes (services between Australia and Europe), particularly from the Middle East airlines, and budget carriers within Southeast Asia.
9 Comments
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Newest
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pana
1users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
pana • 2 hours 13 minutes ago Report Abuse
SIA chief executive Goh Choon Phong's pay was usd$2,635,025 - Bloomberg Businessweek. Goh has a masters degree and 3 bachelor's degrees, all in science and technology related fields, all from MIT.
... More
2 Replies
First
0users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
First • 34 minutes ago Report Abuse
With the paltry return of 1.2%, SIA might as well divest and put the money in bank to earn interest to make about 1.88% from DBS Bank.
Reply
Oplo
2users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
Oplo • 2 hours 28 minutes ago Report Abuse
SIA is a SOE and it hasn't been doing well for the past 5 years. Shouldn't Temasek (owned >54%), SIA BOD and Snr Mgt held accountable and responsible? Still sitting around collecting good bonuses and year-end parties?
Reply
TGH
2users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down1users disliked this comment
TGH • 3 hours ago Report Abuse
It would be informative and interesting to compare the pay of the top management from both carriers.
3 Replies
TIMOTHY
1users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down1users disliked this comment
TIMOTHY • 2 hours 23 minutes ago Report Abuse
Cathay Pacific air stewardess uniform is very nice..... nice short skirts.
2 Replies
James
0users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
James • 1 minute 5 seconds ago Report Abuse
Who cares..SIA don't give their citizens any free flight....I not the Lees who are major shareholders of SIA.
Reply
First
1users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
First • 33 minutes ago Report Abuse
SIA may be dying soon like old Lee?
Reply
First
0users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
First • 38 minutes ago Report Abuse
Tiger Air's CEO has gone. It is times up for SIA's CEO as well.
Reply
First
0users liked this commentPlease sign in to rate a Thumb UpPlease sign in to rate a Thumb Down0users disliked this comment
First • 36 minutes ago Report Abuse
With the paltry return, SIA will not make enough money to renew its fleets of planes. Sooner or later, SIA will be saddled with all old planes
Reply
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?185098-SIA-s-problems-I-think-another-it-is-anothersign-of-the-PAP-s-empire-is-collapsing&goto=newpost).