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Will SIA make it through the pandemic?

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abbby
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Will SIA make it through the pandemic?

Post by abbby » Wed, 12 Aug 2020 10:39 am

Been reading about their huge losses and current operations at only 1%. Do you think SIA will make it through the pandemic? Requires constant huge funding to get it through this period. #-o
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Re: Will SIA make it through the pandemic?

Post by PNGMK » Wed, 12 Aug 2020 10:51 am

Yes but vastly slimmed down and with a different offering (I suspect they will drop the budget SilkAir and Scoot as soon as they can). SIA is the flag carrier, a strategic asset. It will always exist even if with just one jet and one pilot.
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Re: Will SIA make it through the pandemic?

Post by Max Headroom » Thu, 13 Aug 2020 10:05 am

SIA is too big too fail. Sovereign airline, how to fail one? Especially one of this stature.

But it's doubtful they'll ever be revisiting their heyday; too many (excuse the pun) headwinds.

They're in for a number of tough years. Yeah, I also think some of their low-cost affiliates will get knocked on the head.

Whilst they'll undoubtedly bounce back, it will be to a new normal of eking.

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Re: Will SIA make it through the pandemic?

Post by Myasis Dragon » Thu, 13 Aug 2020 11:58 am

Max Headroom wrote:
Thu, 13 Aug 2020 10:05 am
SIA is too big too fail. Sovereign airline, how to fail one? Especially one of this stature.

But it's doubtful they'll ever be revisiting their heyday; too many (excuse the pun) headwinds.

They're in for a number of tough years. Yeah, I also think some of their low-cost affiliates will get knocked on the head.

Whilst they'll undoubtedly bounce back, it will be to a new normal of eking.
Say goodbye to the A380. Costs too much too operate and too hard to fill the seats.

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Re: Will SIA make it through the pandemic?

Post by bgd » Thu, 13 Aug 2020 4:13 pm

Myasis Dragon wrote:
Thu, 13 Aug 2020 11:58 am
Say goodbye to the A380. Costs too much too operate and too hard to fill the seats.
I agree, it was on it's way out before this crisis. Interestingly, A380 captains still expect to fly again.

QANTAS have already effectively off loaded their A380 flight crews.

Shame, I liked that aircraft. And despite it's size it doesn't easily convert to cargo, unlike the 747. Something to do with door placement if I remember correctly.

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Re: Will SIA make it through the pandemic?

Post by PNGMK » Fri, 14 Aug 2020 9:53 am

bgd wrote:
Thu, 13 Aug 2020 4:13 pm
Myasis Dragon wrote:
Thu, 13 Aug 2020 11:58 am
Say goodbye to the A380. Costs too much too operate and too hard to fill the seats.
I agree, it was on it's way out before this crisis. Interestingly, A380 captains still expect to fly again.

QANTAS have already effectively off loaded their A380 flight crews.

Shame, I liked that aircraft. And despite it's size it doesn't easily convert to cargo, unlike the 747. Something to do with door placement if I remember correctly.
I like it too. Esp the upper deck.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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