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In Jun 26, the aviation sector delivered a steady performance. SATS's share price led the rally at 14.2%, followed by SIA's share price and SIA Engineering's share price at 11.6% and 7.3% respectively. China Aviation Oil's share price was down 1.1%.
- - Read this at SGinvestors.io -
- rerouted demand for Asia-Europe flights stopping over in Singapore,
- cargo flown revenue benefiting from rising cargo yields(global freight rate up 41% y-o-y to US$3.40/kg),
- Scoot likely capturing the budget travel demand from regional LCCs that grounded aircraft during the conflict.
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We maintain a NEUTRAL stance on air transportation amid the uncertain resolution of the US-Iran conflict. With no clear timeline for complete resolution despite the interim peace deal, the outlook of jet fuel price remains uncertain.
Outlook
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Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Hashim Osman Phillip Securities Research | https://www.poems.com.sg/ 2026-07-13
