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Anonymous

22 Dec 2020

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Singapore Airlines has spent $7.1 billion of the $8.8 billion raised in the rights issue. Is this a rebound on the way?

What do you think about SIA's future since COVID-19 happened?

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Investorean

22 Dec 2020

For me, i think SIA short term is not going to do well given that they have negative cash flow now.

In addition, in nov 2020, they wanted to rescue TATA given their current situation. It is a good move with great potential in India but their own financial is depleting fast due to the huge loss from fuel hedging. Beside that, there are quite a number of aircrats due for deliver.

With many recent news of opening border to other countries, it hype up sia shares but the company will most probably be trying to recoup all the loss from covid in the next few years.

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