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Monday, 25 August 2014

SIA share under pressure,down 9 cents today


SIA share price has been hit today by persistent rumour that Vistara Airlines which is a joint venture between Tata and SIA is not going to be profitable for some years. This is due to the 5/20 ruling which mean an airline must be flying domestic (in India) for a minimum of 5 years and has at least 20 aeroplanes before it could fly international.

2 comments:

Jacky said...

I don't like the idea of Tiger airlines and Tata airline with SIA. Doubt it will be profitable. SIA should just dump Tiger airline.

Anonymous said...

Still monitoring SIA shares? Fools rush in where angels feared to tread. Good luck to those still into the SIA shares.