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Sovereign Wealth Funds Briefing - Categorized | Performance

Singapore Airlines’ Q1 net profit beats forecast

Posted on 27 July 2010

From Asiaone.com: Shares in Singapore Airlines, which is 54.5 per cent owned by state investor Temasek Holdings, have fallen about 1 per cent this year, underperforming the broader Singapore market which rose 2.3 per cent as well as major rivals.
Analysts say Singapore Airlines’ reliance on premium travellers and its conservative growth strategy compared to its rivals have made its share price lag other major Asian carriers……………………………………….Full Article: Source


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