Earnings Alerts

Singapore Airlines (SIA) Earnings: November Passenger Load Factor Hits 87% as Cargo Remains Steady

By December 16, 2024 No Comments
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  • In November, Singapore Air Group airlines achieved a passenger load factor of 87%.
  • The group carried a total of 3.33 million passengers during the month.
  • The cargo load factor for the group stood at 56.6%.
  • The total cargo and mail carried by the group amounted to 95.8 million kilograms.
  • There was a 9.3% increase in available seat kilometers for the group airlines.
  • Revenue passenger kilometers for the group increased by 8.3%.
  • Analyst recommendations comprised 0 buys, 8 holds, and 5 sells.

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A look at Singapore Airlines Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores for Singapore Airlines, the company’s long-term outlook appears positive. With high scores in Dividend and Growth factors, Singapore Airlines is positioned well for providing consistent returns to investors while also showing strong potential for expansion and development in the future. Additionally, the company scores moderately in Value, Resilience, and Momentum, indicating a balance between stable operations and growth prospects.

Singapore Airlines Limited, a company offering a range of air transportation services globally, stands out for its strong performance in dividends and growth opportunities. With a diverse operational reach covering multiple continents, including Asia, Europe, the Americas, South West Pacific, and Africa, Singapore Airlines demonstrates a robust presence in the aviation industry, underpinning its promising outlook for long-term success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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