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Limited profit boost for SIA's initiatives: analysts

Nisha Ramchandani
Published Wed, Jul 2, 2014 · 10:00 PM
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SINGAPORE Airlines (SIA) is unlikely to receive a substantial boost to profits in the current operating environment from new joint- venture airlines in India and Thailand as well as from its KrisFlyer Spree retail website, an analyst report said.

Instead, easing of pressure, "albeit insignificant", will come from the grounding of loss-making carrier Tigerair Mandala as well as Changi Airport's $100 million Growth and Assistance Incentive programme, which will lower operating costs for airlines at …

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