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

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.

Even amid weakening yields, a number of them see it as an attractive "buy", their reason being that low jet fuel prices and a better hedging position will bolster the bottom line.