Anonymous
Singapore Airlines Ltd. burned through half of the $8.8 billion raised. Is this necessary or simply poor management?
According to Bloomberg, of the $4.4 billion spent since mid-June, $1.1 billion was used for operating expenses, maturing fuel-hedging trades and ticket refunds from cancelled flights due to the coronavirus pandemic, the airline said Wednesday. About $2 billion was used to repay a bridge loan facility, $900 million to service debt and $200 million to buy aircraft.
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Maisul
20 Aug 2020
Youtuber at Google (Channel : Say Do Invest)
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They have negative free cash flow numbers.
I just did a discounted free cash flow analysis of the stock in my recent video.
Also projecting their free cash flow numbers down the years is not a good sign as well.
I would not invest in travel stocks right now
Just my opinion anyways.