20-09-2013, 02:28 PM
I like SIA. I used to work in related field and amongst the world players, SIA has always been the trendsetter and airline to beat.
They are money pinchers and extremely prudent. Bad for vendors but extremely good for its investors.
Its true that not alot of airlines can make money. In fact, alot of them are burning the countries' money, as most of them are state owned.
It must be remembered that although there are numerous budget airline encroaching on their core business, SIA has got alot of interest in them as well.
Tiger, Virgin Atlantic, Scoot and to a certain extent Silkair. Now with TATA in the frame, I don't think they are giving alot away to competitors.
In fact, it must be said that more people are flying than ever. The market is not shrinking, it is expanding.
People in our region who flies SIA, will fly SIA. Some even swore to fly SIA only.... just ask the rich Indonesians and Indians.
And there are those that fly business class for work, guess who they choose.
I forsee flying will be alot more like taking buses (albeit expensive ones) down the road.
With Asean open skies coming up in 2015, I think, the upside potential is huge.
It is unfortunate that the oil prices keeps going north and to me that is probably the only thing that held SIA's revenue back.
I am not vested and this is just a business perspective, not an investment perspective.
They are money pinchers and extremely prudent. Bad for vendors but extremely good for its investors.
Its true that not alot of airlines can make money. In fact, alot of them are burning the countries' money, as most of them are state owned.
It must be remembered that although there are numerous budget airline encroaching on their core business, SIA has got alot of interest in them as well.
Tiger, Virgin Atlantic, Scoot and to a certain extent Silkair. Now with TATA in the frame, I don't think they are giving alot away to competitors.
In fact, it must be said that more people are flying than ever. The market is not shrinking, it is expanding.
People in our region who flies SIA, will fly SIA. Some even swore to fly SIA only.... just ask the rich Indonesians and Indians.
And there are those that fly business class for work, guess who they choose.
I forsee flying will be alot more like taking buses (albeit expensive ones) down the road.
With Asean open skies coming up in 2015, I think, the upside potential is huge.
It is unfortunate that the oil prices keeps going north and to me that is probably the only thing that held SIA's revenue back.
I am not vested and this is just a business perspective, not an investment perspective.