The_King Posted May 22, 2021 Share Posted May 22, 2021 1 1 Link to comment Share on other sites More sharing options...
Bigbird Posted May 22, 2021 Share Posted May 22, 2021 (edited) My opinion is that SIA 1) over acquired/operate too many airplanes! 2) No domestic flights due to other countries closing borders! Unlike malaysia or thailand, they could still fly domestically. That's why MTI/SIA desperate to open "leg" borders so A/C can fly somewhere. 3) Hedging of fuel. Keep loosing tons of $$$ like before. Also related to too many operating A/C. Am not an expert in this expect. Maybe the person who is responsible for fuel planning & acquisition is really FU! @socrates469bc Maybe u have more insights! Edited May 22, 2021 by Bigbird 1 1 Link to comment Share on other sites More sharing options...
The_King Posted May 22, 2021 Author Share Posted May 22, 2021 37 minutes ago, Bigbird said: My opinion is that SIA 1) over acquired/operate too many airplanes! 2) No domestic flights due to other countries closing borders! Unlike malaysia or thailand, they could still fly domestically. That's why MTI/SIA desperate to open "leg" borders so A/C can fly somewhere. 3) Hedging of fuel. Keep loosing tons of $$$ like before. Also related to too many operating A/C. Am not an expert in this expect. Maybe the person who is responsible for fuel planning & acquisition is really FU! @socrates469bc Maybe u have more insights! just sell it, problem solved 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted May 23, 2021 Share Posted May 23, 2021 (edited) 8 hours ago, Bigbird said: My opinion is that SIA 1) over acquired/operate too many airplanes! 2) No domestic flights due to other countries closing borders! Unlike malaysia or thailand, they could still fly domestically. That's why MTI/SIA desperate to open "leg" borders so A/C can fly somewhere. 3) Hedging of fuel. Keep loosing tons of $$$ like before. Also related to too many operating A/C. Am not an expert in this expect. Maybe the person who is responsible for fuel planning & acquisition is really FU! @socrates469bc Maybe u have more insights! 1) existing operating expenses r aircraft leases. nb, sia cags dont know how to renego with leasers????? 2) hollowing out of industrial capabilities result in no cargo flights even. song bo, loong loong???? 3) no sakti trader will hedge until 5 yrs out but sia cags did. if want to do 5 yr hedge, u do otc options and not use plain futures. and u do variable hedge in response to market, not fully hedged like what book says. this mistake is either greedy or inexperienced or plain stupid. Edited May 23, 2021 by socrates469bc 2 Link to comment Share on other sites More sharing options...
Homelander Posted May 23, 2021 Share Posted May 23, 2021 Need umbrage ng to steady the ship to keep it afloat 1 Link to comment Share on other sites More sharing options...
The_King Posted May 23, 2021 Author Share Posted May 23, 2021 I don't think for the next 3yr the covid will be fix. I wonder how long they how much cash they have to raise Link to comment Share on other sites More sharing options...
Bigbird Posted May 23, 2021 Share Posted May 23, 2021 3 hours ago, socrates469bc said: 1) existing operating expenses r aircraft leases. nb, sia cags dont know how to renego with leasers????? 2) hollowing out of industrial capabilities result in no cargo flights even. song bo, loong loong???? 3) no sakti trader will hedge until 5 yrs out but sia cags did. if want to do 5 yr hedge, u do otc options and not use plain futures. and u do variable hedge in response to market, not fully hedged like what book says. this mistake is either greedy or inexperienced or plain stupid. Link to comment Share on other sites More sharing options...
Bigbird Posted May 23, 2021 Share Posted May 23, 2021 12 minutes ago, The_King said: I don't think for the next 3yr the covid will be fix. I wonder how long they how much cash they have to raise Link to comment Share on other sites More sharing options...
meng.huat Posted May 23, 2021 Share Posted May 23, 2021 11 hours ago, Bigbird said: My opinion is that SIA 1) over acquired/operate too many airplanes! 2) No domestic flights due to other countries closing borders! Unlike malaysia or thailand, they could still fly domestically. That's why MTI/SIA desperate to open "leg" borders so A/C can fly somewhere. 3) Hedging of fuel. Keep loosing tons of $$$ like before. Also related to too many operating A/C. Am not an expert in this expect. Maybe the person who is responsible for fuel planning & acquisition is really FU! @socrates469bc Maybe u have more insights! i think this bird is not simpur.... maybe indo chinese trader towkay... @socrates469bc Link to comment Share on other sites More sharing options...
Bigbird Posted May 23, 2021 Share Posted May 23, 2021 (edited) 17 minutes ago, meng.huat said: i think this bird is not simpur.... maybe indo chinese trader towkay... @socrates469bc Yah Senpai @socrates469bc is the made it man! Thats why i always go to him for his wisdom! Edited May 23, 2021 by Bigbird Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now