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HOCK LOCK SIEW

Low fuel prices, unwinding of hedges drive upbeat view on SIA

Tuesday, April 19, 2016 - 05:50

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In SIA's favour are cheap jet fuel and its better hedging position which are expected to contribute to its earnings recovery for the next one to two years.

WHILE Singapore Airlines' return to its glory days of billion-dollar profits is hard to envisage at this stage, what is clearer is that its outlook is now looking a lot more positive than it has been in recent years.

This brighter outlook has not escaped the attention of analysts.

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