Earnings Alerts

Singapore Airlines (SIA) Earnings: Passenger Load Soars to 88.5% Amid Growing Revenue KMs

By January 15, 2025 No Comments
  • Singapore Air’s group airlines achieved a passenger load factor of 88.5% in December.
  • The group airlines carried a total of 3.58 million passengers during the month.
  • The cargo load factor for the group was recorded at 53.6%.
  • Total cargo and mail handled by the group reached 94.0 million kilograms.
  • The available seat kilometers for the group airlines increased by 7.1%.
  • Revenue passenger kilometers saw a growth of 6% for the group airlines.
  • Investment recommendations showed zero “buys”, eight “holds”, and five “sells” for the company.

A look at Singapore Airlines Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Singapore Airlines shows a promising long-term outlook. With top scores in Dividend and Growth factors, the company’s ability to provide returns to its investors while maintaining a strong growth trajectory seems favorable. In addition, its Resilience score suggests a level of stability in uncertain market conditions, contributing positively to its overall outlook. However, there is room for improvement in the areas of Value and Momentum, which could potentially enhance the company’s performance in the future.

Singapore Airlines Limited, a versatile company offering a range of air transportation and related services, demonstrates strengths in dividend distribution and growth potential. Its extensive airline operations across multiple continents underline its global market presence. By focusing on enhancing its value proposition and maintaining momentum in the market, Singapore Airlines could further strengthen its position and capitalize on future opportunities in the aviation industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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