SINGAPORE - Changi Airport is studying the need for a fourth runway to cater to more flights in the coming decades, even as plans are finalised for a third landing and take-off strip.
The Civil Aviation Authority of Singapore (CAAS) is seeking consultants to look into the feasibility and benefits of a fourth runway, The Straits Times found out.
Source:
http://news.asiaone.com/News/Latest%2BNe...10381.html
SIA Engineering will definitely benefit from the rapid Changi airport expansion to accommodate more aircraft.
SIAEC benefits from the line maintenance of the aircraft and not dispersal parking of the aircraft. Landing rights and ground handlings are not the revenue streams of SIAEC. Nevertheless, the increase in air traffic will definitely result in higher line maintenance requirements for airlines. It is up to SIAEC to provide better customer support in order to entice operators to adopt their maintenance services.
(23-03-2013, 06:15 PM)investingsgx Wrote: [ -> ]SINGAPORE - Changi Airport is studying the need for a fourth runway to cater to more flights in the coming decades, even as plans are finalised for a third landing and take-off strip.
The Civil Aviation Authority of Singapore (CAAS) is seeking consultants to look into the feasibility and benefits of a fourth runway, The Straits Times found out.
Source: http://news.asiaone.com/News/Latest%2BNe...10381.html
SIA Engineering will definitely benefit from the rapid Changi airport expansion to accommodate more aircraft.
SIA Engineering will be releasing its FY 2013 results on May 14, 2013. I should be expecting a decent final dividend (FY 2012: 15c/share final).
SINGAPORE – SIA Engineering Company said yesterday its net profit for its fiscal fourth quarter slipped 0.6 per cent on-year to S$65.9 million amid a challenging operating environment.
Revenue for the three months ended March dropped 10.4 per cent to S$283.5 million mainly due to lower material, fleet management and project turnover.
“The operating environment remains challenging as uncertainties persist in the global economy,” the company said in a statement after markets closed. “Initiatives to improve productivity and efficiency, and strict control of costs are ongoing.”
Net profit for the financial year ended March nosed up 0.4 per cent at S$270.1 million, while revenue was 2 per cent lower at S$1.1 billion.
The company said it expects performance to remain stable in the near term.
“Our cluster of strategic partnerships and diversified portfolio position the group well for sustainable growth. We will continue to pursue suitable strategic opportunities to benefit from the growth of the aviation industry in the region,” it said.
The Board has recommended a final ordinary dividend of 15 cents per share.
Will Sia Engg. reach $6?
Either way, always remember never says never. If not just put all your assets on this one, it's O. K. liao.
Just go and dig up what Macau Casino tycoon Stanley Ho's father did. There is no sure bet in life.
(08-06-2013, 01:07 PM)Temperament Wrote: [ -> ]Will Sia Engg. reach $6?
Either way, always remember never says never. If not just put all your assets on this one, it's O. K. liao.
Just go and dig up what Macau Casino tycoon Stanley Ho's father did. There is no sure bet in life.
There is no sure bet in life.
We can only spread our bets on quality stocks.
Always keep some cash and gold for unforseen circumstances.
Stay healthy and buy some medical insurance.
Be happy and content with what we already have.
(09-06-2013, 12:02 PM)kayhian Wrote: [ -> ] (08-06-2013, 01:07 PM)Temperament Wrote: [ -> ]Will Sia Engg. reach $6?
Either way, always remember never says never. If not just put all your assets on this one, it's O. K. liao.
Just go and dig up what Macau Casino tycoon Stanley Ho's father did. There is no sure bet in life.
There is no sure bet in life.
We can only spread our bets on quality stocks.
Always keep some cash and gold for unforseen circumstances.
Stay healthy and buy some medical insurance.
Be happy and content with what we already have.
Very well put. Can't agree more.
I'm looking to add this to my long term portfolio. What will be a good target entry price?