RalphWood
2021-11-10

Investing in airlines is risky.

$SINGAPORE AIRLINES LTD(C6L.SI)$ $SINGAPORE AIRLINES LTD(C6L.SI)

$C6L.SI Singapore Airlines $3.42

- burned S$4.4BB in 2 months

- 20% job cut

- schedules cut by 96%

- poor fuel hedging

+ cargo traffic Upwards arrow 75.6%

SIA brand will survive but...

Shareholder equity may not

Like Air Canada in 2003

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