SIA
Last:6.71
+0.03
A380 A Great Way to Fly
Post Reply
221-240 of 805
SIA’s grounding of the three planes yesterday came just two days after it had said its A380 fleet was problem-free.
SIA to replace engines on three A380 aircraft, flights grounded
Satish Cheney
satishkumar@mediacorp.com.sg
The flights were grounded in Sydney, Melbourne and London.
This latest development follows the recent Rolls-Royce engine failure of Qantas flight QF32, forcing the plane to make an emergency landing at Changi Airport on Nov 4.
SIA said Rolls-Royce had recommended further inspections of the engines because of oil staining. It stressed the measures were precautionary and unrelated, as the oil stains were different from the oil leak in the Qantas turbines.
All three returning planes will be fitted with spare Rolls-Royce Trent 900 engines — and are expected to be ready for take-off in about two days.
SIA said it expected minimal flight disruptions and that its Boeing 747s and 777s would be used as substitutes.
SIA’s grounding of the three planes yesterday came just two days after it had said its A380 fleet was problem-free.
The company said this turnaround did not mean initial checks were not thorough and stressed that the grounding was purely a precautionary measure following the oil stains in the engines.
SIA chief executive Chew Choon Seng said: “We do not pass judgement on the condition of the plane until we get confirmation from the manufacturers that the planes are safe to operate. And this is a continuous programme. In other words, even as they analyse the data, the observations, they then come back to us again with new recommendations.
“In fact, the level of scrutiny and close monitoring of the planes now is at a very high level.”
The latest incidents involving the Trent 900 engines are not the first. In September last year, an SIA A380 flight had to return to Paris after an engine malfunctioned. And in August last year, a Lufthansa flight had problems as well.
Regarding the somewhat tarnished image of the A380, Mr Chew said: “Just because a car is recalled does not mean you cannot continue to use it in the meantime.”
On Tuesday, the European Aviation Safety Agency said it was closely monitoring investigations into the Qantas incident.
It had also issued orders twice this year, advising carriers on extra inspections needed for the Trent 900 engines.
Emirates and Air France, which also have A380 planes, do not use the Trent 900 engines. Theirs are fitted with engines from Engine Alliance.
Rolls-Royce had no comment on SIA’s latest moves but said engineers were investigating the matter.
SIA said it had been assured that Rolls-Royce was doing everything possible in its investigations.
Meanwhile, SIA said it would stick to its existing orders for eight new A380s.
Qantas’ six A380s have been grounded since Nov 4.
The company is expected to give an update on the issue today.
SINGAPORE — Singapore Airlines (SIA) is replacing the engines on three of its 11 A380 aircraft.
BRANDS NO LONGER HAVE QUALITY
Tests uncovered oil stains in three Rolls-Royce engines on Singapore Airlines' A380 superjumbos, prompting the airline to yank the planes from service Wednesday just two days after Qantas announced troubling oil leaks on their A380s.
Today is a Good Day to Buy SIA.
Now trading at $15.90
Revised Stop-Loss Price: $15.58
Good luck.
alexchia01 ( Date: 26-Oct-2010 13:10) Posted:
Today is a Good Day to Buy SIA.
Business: Air Transportation, Engineering Services and Airline Services; Worldwide.
Now Trading at $16.08.
1. In an Uptrend Channel with Potential High of $16.60.
2. Just Bound Off its Support Level of $15.76.
3. Price is Moving to Cross Above MA30. Crossing MA30 is the Bullish Territory.
4. MACD Lines are reversing Upwards. Turning from Bear to Bull.
5. Stochastic Lines have already Crossed and Leaving the Oversold Region. A Good Time to Start Buying.
6. Revenue, Profit and Cash Flow all Increase QoQ.
7. With the opening of the 2 IRs in Singapore and a huge in-flow of tourists coming to Singapore. SIA’s financial result should be very good this year.
Stop-Loss Below: $15.60
Target Price: $16.60
More on my Blog at Alex Trades.
This is my personal analysis. You invest at your own risk.
Good luck to all.
|
|
Today is a Good Day to Buy SIA.
Business: Air Transportation, Engineering Services and Airline Services; Worldwide.
Now Trading at $16.08.
1. In an Uptrend Channel with Potential High of $16.60.
2. Just Bound Off its Support Level of $15.76.
3. Price is Moving to Cross Above MA30. Crossing MA30 is the Bullish Territory.
4. MACD Lines are reversing Upwards. Turning from Bear to Bull.
5. Stochastic Lines have already Crossed and Leaving the Oversold Region. A Good Time to Start Buying.
6. Revenue, Profit and Cash Flow all Increase QoQ.
7. With the opening of the 2 IRs in Singapore and a huge in-flow of tourists coming to Singapore. SIA’s financial result should be very good this year.
Stop-Loss Below: $15.60
Target Price: $16.60
More on my Blog at
Alex Trades.
This is my personal analysis. You invest at your own risk.
Good luck to all.
from 15 bucks to 21 bucks,
could you give me your technical analysis or charts ?
Support or resistant level ?
>Sgd. 21.00 start selling.
alexchia01 ( Date: 01-Sep-2010 14:05) Posted:
Today is a Good Day to Buy SIA.
Currently trading at $15.26.
1. Price is in an Uptrend Channel with potential high of $16.40.
2. Just bound off its support level of $15.10, a signal that it's heading up.
3. Although MACD lines have not reverse up yet, but huge Buy In volume today convince me that it's going to reverse soon.
4. Stochastic has crossed and just begin to move up. Still in Oversold region, a good time to start Buying.
5. Revenue, Profit and Cash Flow for QoQ and YoY are good. Although profit for 2009 was weak, but with the 2 IRs opening and YOG promotion of Singapore. I'm expecting this year's profit to be very good.
This is just my personal analysis. You invest at your own risk.
Good luck to all.
|
|
Today is a Good Day to Buy SIA.
Currently trading at $15.26.
1. Price is in an Uptrend Channel with potential high of $16.40.
2. Just bound off its support level of $15.10, a signal that it's heading up.
3. Although MACD lines have not reverse up yet, but huge Buy In volume today convince me that it's going to reverse soon.
4. Stochastic has crossed and just begin to move up. Still in Oversold region, a good time to start Buying.
5. Revenue, Profit and Cash Flow for QoQ and YoY are good. Although profit for 2009 was weak, but with the 2 IRs opening and YOG promotion of Singapore. I'm expecting this year's profit to be very good.
This is just my personal analysis. You invest at your own risk.
Good luck to all.
I share the same view as keepinvest...
This is the level just before September 2008 plunge. You should have bought it a week ago. I think there could be a pullback between now and the next reporting, so I plan to reenter during the pullback.
leoleo ( Date: 05-Aug-2010 12:44) Posted:
| Why SIA can reach $16 after result , worth it ?Still can buy? possible hit $18 target price within a month ? |
|
Why SIA can reach $16 after result , worth it ?Still can buy? possible hit $18 target price within a month ?
Well, I'm not talking about personal spending of all kinds. I'm talking about local organizations and government sectors choosing national airline as a priority. It's money from one pocket putting into another pocket with minimum outflow.
beruangface ( Date: 02-Aug-2010 23:43) Posted:
Yes, I agree, bank your money and take loan from local banks - DBS, UOB & OCBC, dont care of the interest rate, buy your condos from Capitaland, dont care of the price, that what happen in some other contries, Singapore should follow too!
keepinvest ( Date: 02-Aug-2010 23:23) Posted:
SIA should also give support locally, and our local organizations should choose national airline to fly rather than picking the cheapest. This happens in some other countries. Singapore should follow too.
|
|
|
|
Yes, I agree, bank your money and take loan from local banks - DBS, UOB & OCBC, dont care of the interest rate, buy your condos from Capitaland, dont care of the price, that what happen in some other contries, Singapore should follow too!
keepinvest ( Date: 02-Aug-2010 23:23) Posted:
SIA should also give support locally, and our local organizations should choose national airline to fly rather than picking the cheapest. This happens in some other countries. Singapore should follow too.
KiLrOy ( Date: 02-Aug-2010 20:20) Posted:
| Thats the way to go SIA! As a shareholder, I agree with SIA approach. Unless the local sporting houses can churn out similiar top swimmers like the Aussies, and other professional althetics, i cant see SIA having a mutual benefits and/or relationship with them. |
|
|
|
SIA should also give support locally, and our local organizations should choose national airline to fly rather than picking the cheapest. This happens in some other countries. Singapore should follow too.
KiLrOy ( Date: 02-Aug-2010 20:20) Posted:
| Thats the way to go SIA! As a shareholder, I agree with SIA approach. Unless the local sporting houses can churn out similiar top swimmers like the Aussies, and other professional althetics, i cant see SIA having a mutual benefits and/or relationship with them. |
|
this phrase is perfect for SIA, i got the translation from my fren, loving it
niuyear ( Date: 02-Aug-2010 14:29) Posted:
SIA - 出水能飞，入水能游
beruangface ( Date: 29-Jul-2010 11:18) Posted:
| The most lucrative Australia to US route is the reason behind this, u want a country to open its sky for u, u have to feed its swimmers firs |
|
|
|
Thats the way to go SIA! As a shareholder, I agree with SIA approach. Unless the local sporting houses can churn out similiar top swimmers like the Aussies, and other professional althetics, i cant see SIA having a mutual benefits and/or relationship with them.
SIA - 出水能飞，入水能游 beruangface ( Date: 29-Jul-2010 11:18) Posted:
The most lucrative Australia to US route is the reason behind this, u want a country to open its sky for u, u have to feed its swimmers first
pharoah88 ( Date: 29-Jul-2010 09:20) Posted:
|
SIA takes the plunge with Oz swimmers
Low Li n Fh oong
linfhoong@mediacorp.com.sg
SINGAPORE
This was made possible after Singapore’s national carrier signed a deal with Swimming Australia, which lasts until 2012.
According to British sports website
The deal has raised a few eyebrows in the sports fraternity, with athletes and officials wondering why Singapore’s national carrier has chosen to back the swimmers from Down Under, when the Singapore Swimming Association (SSA) is one of the most successful national sports associations (NSA) in the country.
Singapore Swimming Association president Jeffrey Leow told MediaCorp that the association had explored a possible tie-up with SIA for the Fina/Arena Swim World Cup last year, but a deal never got off the ground.
Describing the decision as a “commercial reality” which NSAs face when dealing with most local companies, Mr Leow said: “We had some informal contact but nothing came out of it.”
National swimmer Zach Ong, who took home three gold medals at last year’s SEA Games said SIA’s partnership with Swimming Australia was “a bit ridiculous”.
“I learnt about it last month, from a swimmer, who saw the SIA billboards at a short course event in Australia. I’m pretty sure SIA can do more to help our athletes and reduce costs for associations like swimming,” said the 19-year-old.
However, Mr Nicholas Ionides, SIA’s vice-president of public affairs, told MediaCorp: “I am not aware of an approach last year by Singapore Swimming Association for sponsorship.
We have also checked with several other departments and they have no recollection of such an approach either.”
The SIA-Swimming Australia partnership, signed in March, will make the airline the preferred carrier for all international travel for the swim team, which won six gold medals and set four world records at the 2008 Beijing Olympics.
SIA’s Mr Ionides said the agreement was a commercial one, not a sponsorship. “Swimming Australia approached us last year for such a partnership because of our extensive network,” he said yesterday. “The main elements provide for discounts related to targeted travel volume, similar to the corporate agreements that we have with many corporations around the world.”
According to Mr Ionides, there will be also be spillover benefits for Singapore’s swimmers. “A secondary objective for Swimming Australia is to use Singapore as a base and preferred destination for training their swimmers,” he said. Sports officials whom MediaCorp spoke to felt Singapore Inc could do more for local sports.
Singapore Table Tennis Association President Lee Bee Wah said:
“I have spoken to many companies and I find it very tough.”
Ms Annabel Pennefather, president of the Singapore Hockey Federation, said: “We federations hope SIA can be more forthcoming.
For NSAs, it would be nice if you arrive in a country on your own national carrier rather than another airline.”
SIA, however, said it does support local sport, pointing to free air tickets given to the Singapore Sports School as well as for the annual Singapore Sports Awards. SIA is also the official airline for next month’s inaugural Youth Olympic Games.
“We have also provided similar support in recent years to Singapore Disability Sports Council and Singapore National Paralympic Council,” said Mr Ionides. — Some of Australia’s top swimmers Leisel Jones, Stephanie Rice and Eamon Sullivan will be flying on Singapore Airlines (SIA) when they travel to international meets around the world.sportspromedia.com, the three-year partnership is worth US$600,000 ($819,000). SIA said the terms of the agreement were confidential.
Airlines’ partnership Down Under raises eyebrows in Singapore |
|
|
|
dont really what get u r trying to say, sorry if I misused of the word 'limpeh', i just learned from some spore movies i watched recently..so anyhow hentam lar..
btw, I'm shouting 'Buy' not shouting 'Sell'...
niuyear ( Date: 02-Aug-2010 13:53) Posted:
|
beruangface, your 'limpeh' very powerful. lol!!
Just be careful , dont anyhow 'shout : Sell' in airline stocks. Quite sensitive and may end up in jail . hahaha!
beruangface ( Date: 29-Jul-2010 10:51) Posted:
|
I can tell u 1001 reasons to buy from TA, FA, investors sentiment, CNBC, Charlie Rose, Suzy Orman to Oprah but it's not important, what is is important is when u see limpeh is shouting to buy, u just go ahead and hoot, cos if u see limpeh's previous posts, i'm no shouter.. |
|
|
|
never read the excuse they give rite..
vision blurr..cannot see..
pharoah88 ( Date: 02-Aug-2010 13:45) Posted:
taxIng alsO ACCiDENT ? ? ? ?
HOPELESS
FOREIGN TALENT ? ? ? ?
hOw tO be prOductIve ? ? ? ? |
|
beruangface, your 'limpeh' very powerful. lol!!
Just be careful , dont anyhow 'shout : Sell' in airline stocks. Quite sensitive and may end up in jail . hahaha!
beruangface ( Date: 29-Jul-2010 10:51) Posted:
|
I can tell u 1001 reasons to buy from TA, FA, investors sentiment, CNBC, Charlie Rose, Suzy Orman to Oprah but it's not important, what is is important is when u see limpeh is shouting to buy, u just go ahead and hoot, cos if u see limpeh's previous posts, i'm no shouter..
keepinvest ( Date: 28-Jul-2010 19:33) Posted:
What you said earlier could be just a wild lucky guess. To be more convincing, you might want to also tell us the holding time and potential target, and probably why do you think so.
|
|
|
|
