In The News

SIA posts $68.3m net profit for Q4

IT WAS clear skies again for Singapore Airlines in the fourth quarter, as sales of aircraft, spares and spare engines lifted the carrier back into the black. But SIA also warned of turbulence ahead in the form of "almost flat" passenger bookings, as well as cargo overcapacity. SIA reported yesterday that net...


Cache Logistics Trust

April 25 close: $1.39 OCBC Investment Research, April 25 CONSISTENT set of Q1 2013 results. Cache Logistics Trust (Cache) has just released its Q1 2013 results. Net property income (NPI) rose 12.4 per cent y-o-y to $18.1 million, forming 23.4 per cent of our FY2013F NPI. Distributable income increased 18.3 per cent to $15.8 million, meeting 24.7 per cent of our...


Changi traffic hits new high for March

THE Good Friday long weekend spelt good news for Changi Airport. Passenger traffic hit a new high for the month of March, with 4.61 million passengers passing through. This was 7.7 per cent more than in March last year. The number of flights also grew by 5.3 per cent to 28,400. Changi Airport Group (CAG) yesterday attributed the rise to holiday-makers travelling over the Good Friday long weekend...


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