SIA’s 420,000 discounted tickets may wow holidaymakers but investors are likely to stay grounded

THE offering of more than 420,000 discounted air tickets by the (SIA) group at its upcoming travel fair might excite holidaymakers, but investors need not get carried away by the move because it is unlikely to move the needle on the airline’s financials.

To be sure, SIA and its low-cost carrier Scoot have not announced the magnitude of the discounts, or the specific destinations for the discounted tickets.

But the number of tickets is unprecedented. SIA itself will make available more than 200,000 business class, premium-economy class and economy class round-trip tickets from Singapore to 78 global destinations.