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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