Cryptocurrency Q&A
Why do SIA shares drop so much?
Why do SIA shares drop so much?
CryptoProphet
Fri Jun 21 2024
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5 answers
1302
Could you elaborate on the reasons behind the significant drop in SIA shares? Is it due to the airline industry facing challenges globally, or are there specific factors affecting SIA? Have there been any recent financial missteps or management changes that could have contributed to this decline? Is the market sentiment towards SIA negative, or are investors simply responding to broader economic conditions? Additionally, how do SIA's financials compare to its competitors, and are there any long-term concerns that investors may be taking into account? Clarifying these points would help provide a more comprehensive understanding of the situation.
5 answers
HallyuHeroLegendaryStarShine
Sun Jun 23 2024
An analyst from DBS Bank has offered insights into the current state of SIA's operations.
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Elena
Sat Jun 22 2024
SIA reported that forward bookings remain robust, driven primarily by the demand from North Asia and South-east Asia.
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Nicola
Sat Jun 22 2024
Despite this positive trend, the analyst warns of continued margin pressures for SIA.
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Nicolo
Sat Jun 22 2024
This is attributed to the decreasing passenger yields, a result of growing capacity in the region.
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Martino
Sat Jun 22 2024
Furthermore, cost increases also contribute to the pressure on SIA's margins.
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