Singapore Airlines (SIA) - DBS Research 2023-06-26: Time To Take Profit

• While we continue to be optimistic about the SIA’s near-term earnings outlook, we believe its earnings may peak in FY24F as supernormal passenger yields revert to more normalised levels due to fiercer competition in the region. Additionally, SIA will also likely suffer greater losses from associates after Air India becomes an associate.

Singapore’s flag carrier with a strong foothold in Asia’s leading aviation hub.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Promising near-term earnings outlook on China’s reopening and capacity discipline.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2025-02-24 Singapore Airlines - Soft Landing.

Previous report by DBS:
2024-11-12 Singapore Airlines (SIA) - Brace For Near-term Turbulence.

Price targets by 5 other brokers at SIA Target Prices.

Listing of research reports at SIA Analyst Reports.

Relevant links:
SIA Share Price History,
SIA Announcements,
SIA Dividend Payout Dates & Corporate Actions,
SIA News