Singapore Airlines: Can SIA fly higher?
Singapore Airlines $SIA(C6L.SG$ shares has rallied 1.7% since it reported June 2022 operating results.
The airline group’s stock has been in an uptrend in the last one month, increasing roughly 3.5% since 20 June 2022.
On a year-to-date basis, SIA shares are up by 5.8%.
The SIA Group carried a total of 1.94 million passengers in June 2022, an increase of 13.7% from the previous month.
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TRIUMPHANT RETURNS : it carries so much debt...got buy new planes...costly maintenance n there is no inland flights routes at all for SIA...just another pandemic could bankrupt this coy... $RTX Corp (RTX.US)$ is a better buy...just look at the commercial aviation business.
FelaytOP TRIUMPHANT RETURNS: Cool
I gonna keep watching this stock. I am not fimilar with RTX, so i need some times to do my homework for this. Thx your sharing!