Singapore Airlines shares fall 5.5 pct after weaker airfares hit earnings

Analysts were cutting their forecasts for the remainder of the year following a 3.2 per cent decline in first-quarter passenger yields, a proxy for airfares, … Source link Read more »

SIA shares fall 5.5% after weaker airfares hit earnings

SINGAPORE: Singapore Airlines' shares fell by as much as 5.5 per cent on Friday (July 27), their biggest one-day drop in over a year, after the carrier … Source link Read more »

Airline Stocks Sink As American Cuts Q2 Outlook On Weaker Fares

American CEO Doug Parker said last month that customers could face rising airfare costs, as higher fuel expenses prompt carriers to pull back on the … Source link Read more »