Singapore Airlines Limited (SINGF)
- Reuters
Global airline bosses to address geopolitical, climate challenges
(Reuters) -Geopolitical tensions, aircraft shortages and ambitious environmental targets will deliver a host of challenges to global airline bosses at an annual summit next week, with softening fares completing a delicate outlook for carriers. The influential International Air Transport Association (IATA), which represents more than 300 airlines and over 80% of global air traffic, holds its annual meeting on June 2-4 in Dubai, the world's busiest international hub. The industry returned to profit in 2023 and air passenger traffic touched 2019's record numbers early this year, IATA says.
- Associated Press Finance
Singapore Airlines jet endured huge swings in gravitational force during turbulence, report says
The Singapore Airlines jetliner that hit severe turbulence last week went through huge swings in gravitational force in less than five seconds, likely causing the injuries to people who weren't buckled into their seats, according to a preliminary report Wednesday by Singapore’s Transport Ministry. The plane dropped 178 feet (54 meters) in less than one second, which “likely resulted in the occupants who were not belted up to become airborne” before falling back down, the Transport Ministry said. A 73-year-old British man died of a suspected heart attack and dozens were injured after the Boeing 777, which was flying from London to Singapore on May 21, ran into turbulence that hurled people and items around the cabin.
- Simply Wall St.
Examining 3 SGX Dividend Stocks With Yields Up To 7.1%
Amidst global financial scrutiny and regulatory actions, as evidenced by recent settlements involving major banks like JP Morgan, investors in the Singapore market may seek stability through dividend stocks. These stocks can offer predictable returns and a measure of safety in uncertain economic times, making them an appealing option for those looking to maintain steady income streams.
