- In October, Singapore Air’s group airlines achieved a passenger load factor of 86%.
- The group airlines carried a total of 3.30 million passengers during the same period.
- The cargo load factor for the group airlines was recorded at 59.1%.
- Group airlines transported a total of 96.6 million kilograms of cargo and mail.
- There was a 9.2% increase in available seat-kilometers for the group airlines.
- The group airlines’ revenue passenger-kilometers rose by 7.4%.
- No new buy recommendations were recorded, with 7 holds and 5 sells noted for Singapore Air.
A look at Singapore Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
According to Smartkarma Smart Scores, Singapore Airlines shows strong potential for long-term growth. With high scores in Dividend and Growth factors, the company demonstrates a commitment to rewarding its investors while also focusing on expanding its business operations. Additionally, the company has scored well in Resilience, indicating its ability to weather economic uncertainties and industry challenges.
Looking ahead, Singapore Airlines is positioned to capitalize on its solid foundation in air transportation and diverse service offerings across multiple regions. The balanced scores across various factors suggest a stable outlook for the company’s future performance, making it an attractive option for investors seeking both growth and stability in the aviation industry.
### Singapore Airlines Limited provides air transportation, engineering, pilot training, air charter, and tour wholesaling services. The Company’s airline operation covers Asia, Europe, the Americas, South West Pacific, and Africa. ###
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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