2. MACROECONOMIC OVERVIEW
Singapore Airline Ltd is in the Airline industry and has subsidiary companies operating in the Travel and Airline Services sectors . We will focus our analysis on Airline Operations as it contributes to majority of the group’s profit . In addition, the largest portion of SIA’s revenue from external sources comes from Airline Operations . Airline Operations thus has a substantial impact on SIA’s profit margin as well. In this report, we will analyse SIA, and assess if it is a good medium-to-long term investment.
2.1 Industry Outlook & Analysis
Singapore Changi Airport outperformed the world’s average passenger traffic growth of 5.9%, recording a strong 8% growth, with a total of 35 million passenger movements in 2006. The World Travel and Tourism Council’s recent projections also indicate that the demand for travel and tourism worldwide will continue to grow 4.2% annually over the next ten years . Even more visitors are expected to be......
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