Edge: Changi Airport’s passenger volume for June hit 2.93 mil, just half versus pre-pandemic’s June 2019 Research - Equities
Edge: SATS record red ink of $22.5 million as it incurs higher costs to meet resumption of travel demand News
Edge: SATS still ‘well-positioned’ to capture Changi Airport’s mid-term traffic recovery – Citi Research - Equities
Edge: SATS sells 49% stake in Brahim’s Sats Investment Holdings for $3.2 mil Earnings Updates/ Corporate Actions
Edge: UOB KH sees continued recovery momentum for aviation, but warns of higher costs and uncertain outlook News
AEM, Venture Corp, MINT, FLT, SATS, SIA and ART among DBS’s picks for tech sector, REITs and reopening plays News
DBS downgrades SATS to ‘hold’; other analysts keep ‘buy’ calls despite missed expectations Earnings Updates/ Corporate Actions
Sats reports full year earnings with government support, warns of costs pressures even as volume picks up Earnings Updates/ Corporate Actions
DBS: Singapore Market Focus – Will the conflict in Ukraine worsen inflation woes?? Research - Equities
DBS: Travel and Tourism – Singapore plans for further easing of travel restrictions and domestic health protocols once Omicron subsides Research - Equities