SIA Bleeds

[ckmpd]

If countries had not imposed all these ridiculous measures in a futile attempt to stem to spread everything would be back to normal by now.

Why cry over spilled milk?

 

[maxxi]

" Enough time to retrain those cocky pilots into bus/lorry/waste/mrt drivers "

Interesting you shd say that at the height of the ALPAS v Gov pay re-calibration [22k to 16k] they wanted to classify pilots as 'HGV drivers/operators.

 

[ckmpd]

" Enough time to retrain those cocky pilots into bus/lorry/waste/mrt drivers "

Interesting you shd say that at the height of the ALPAS v Gov pay re-calibration [22k to 16k] they wanted to classify pilots as 'HGV drivers/operators.

Air travel and aviation occupations will not be the same in future

 

[ckmpd]

The way i see it, its going to get worse.borders won't open anytime soon. Pubs remain half empty.

aircraft's seating configuration will likely be reconfigured to take in less passengers. That means air fares will be more expensive

 

[GoldenDragon]

Okay lah. You prefer Dame Ho Ching serving you beverages wearing the SIA girl uniform?

In bikini can?

 

[whoami]

No one shd fly MAS for safety reasons, Cheaper air fare is not a good reason to fly MAS

Tink safer than GARUDA.

 

[ckmpd]

Tink safer than GARUDA.

Lion Air, Garuda and MAS are all not safe

 

[Wunderfool]

Chartered flights are dirt cheap during crisis. So your point that SIA is strategic is false.

I agree NOL was mismanaged but I disagree that they should not have sold it. It was bleeding and should be cut loose. But look at our ports today. They are even busier nowadays without NOL. So selling off SIA is a double benefit. It will save our money for better use while SIA no doubt will have to operate out of Changi, but the airlines that fly through will not be affected.

SELL SIA BEFORE ITS TOO LATE

Learn from Warren Buffett.

He sold all his airlines shares during the pandemic though he believed that the managements are still sound. It is not the management. It is the effects of the pandemic on the airline business. It will take years to recover...

 

[countryman]

Agree. sia's standard has deteriorated

Ugly is because majority of Sinkies or maybe neighbouring nationalities have ugly genes n ugly features thus naturally the children are ugly as well....

 

[countryman]

They don't start from ground zero you insufferable cretin. The current company flogs off what few productive assets they have to a new holding company then pays off their creditors maybe 40 cents to the dollar. Then the new company uses exactly the same assets and terminal holdings to carry out exactly the same operation with a "new" airline. They could even call it...Singapore International Airlines!

If restructuring a bankruptcy to move aircraft and staff contracts from one fictitious legal entity to another fictitious legal entity is too much for the PAPpies to comprehend no wonder the national productivity is falling to shit. Even the m&ds can pull it off:

Thats very shallow thinking. U mean by starting a new airline the business will pick up? If SIA can't survive in this crisis, no other airline will be able to do so...

 

[syed putra]

Thats very shallow thinking. U mean by starting a new airline the business will pick up? If SIA can't survive in this crisis, no other airline will be able to do so...

Pent up demand

 

[countryman]

Airlines are losing $$$ due to border closures n all the restrictions imposed thus very few people are able to travel, it has nothing to do with the airline being lousy..The very fact is people all over the world are dying to travel.

 

[batman1]

Using taxpayers' money to turnround SIA ? No benefit to ordinary sinkees ,only benefit the cronies.

 

[countryman]

Using taxpayers' money to turnround SIA ? No benefit to ordinary sinkees ,only benefit the cronies.

Use your m&d brain to think...U mean u would rather see 20000 Sinkies/PRs being jobless if the airline closed shop? Does it make u happier or richer?

 

[bushtucker]

if Tiger Air was bought over and assimilated into Scoot, what makes you think that starting a new airline will draw in new business?

the air travel market is already overly saturated.

 

[blackmondy]

SIA is like a fertile gu-niang, every month also bleed.

 

[batman1]

SIA will possibly bleed until 2021.

 

[countryman]

SIA will possibly bleed until 2021.

SIA bleed means subsequently Sinkapor will also bleed cos there're no travellers coming to Sinkapor.. All the hotels, restaurants, MBS, retail shops etc will shut down one by one... Eventually all will die together!

 

[syed putra]

if Tiger Air was bought over and assimilated into Scoot, what makes you think that starting a new airline will draw in new business?

the air travel market is already overly saturated.

That is why airlines are ditching their big planes and buying smaller ones.

 

[Loofydralb]

You dont understand strategic value. In times of crisis, money may not buy you food or get you flights. If Singapore doesnt have its own sea or air assets, even if SG can buy food, no one may want to transport the food for you

I still refuse to agree SIA is a strategic entity. Even during times of war, supplies can be flown in by charters and all the same will be protected by rsaf.
SIA should go the NOL way. If you cannot be profitable, you must be sold off.
I have to add that intrinsically we are a very small nation with very limited resources. Draining it out just for the sake of one airline will eventually sink us. Our management of our finances should be done by hard headed real world profit and loss. That is the only way to survive and get stronger. Any other way, you are introducing bad genes into the pool.