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UOB Kay Hian sees 36% fall in SIA Q3 net profit, 2-4% rise for SATS (Amended)
It says passenger loads on SIA's Southwest Pacific, Europe routes have weakened
Published Tue, Jan 31, 2017 · 09:50 PM
Singapore
PASSENGER numbers remain a key indicator that will lift third-quarter net profits for Singapore's groundhandler SATS but weaken earnings at its national carrier Singapore Airlines, says UOB Kay Hian in a Tuesday note.
SIA and SATS will report their Q3 results for financial year 2017 on Feb 7 and 9 respectively.
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