Latest news with #SingaporeAirlines'
The Age
03-06-2025
- Business
- The Age
Will 20-hour flights be bad for you? What to know about ultra-long hauls
The production and implementation cost of a premium economy seat is 1.6 times higher than that of an economy class seat, yet it generates 2.3 times higher revenues than its production cost.' Qantas may also be hoping that its new route will cut competition from Middle Eastern and Asian carriers with well-used stopover hubs. How do you pass the time? Love movie marathons? You're in luck. On Qantas's new route, you could potentially watch as many as 13 feature-length films – and you won't even need to pack snacks (these will be available in self-service fridges onboard). Served meals, however, can feel few and far between when flying ultra long-haul. On Singapore Airlines' 19-hour JFK-Singapore route, there's (tray) table service for only dinner and breakfast, with light snacks in between. The good news is there's a lot more than 'chicken or beef' to eat on these flights. 'Meal services are being re-engineered,' says Bauer. 'For example, lighter, low-inflammatory meals with adjusted timings help modulate melatonin levels and align with passengers' destination time zones – a practice pioneered by Qantas and Singapore Airlines.' What's it like to sleep on board? First and business class passengers should have no problem getting some rest. Bauer says airlines are engaged in an 'arms race in premium comfort' and cites Qatar's business class QSuite, which comes with doors, mood-lighting and fully lie-flat beds, as the cream of the crop. On Qantas's new planes, specially designed first class cabins are like small, but very sleek, bedrooms, complete with dining areas for two and comfy beds with flexible backrests. Business class passengers will sleep in lie-flat beds, and premium economy passengers get footrests and 40-inch (102-centimetre) seat pitches. But, while the cheapest seats will have 33-inch (84 centimetres) pitches (more than other Qantas planes), shelves for iPads and free Wi-Fi to help the time pass more quickly, spending 19 hours in economy still doesn't look like a particularly enticing prospect. There may be another issue with shut-eye too. According to the Sleep Foundation, 'the circadian clock takes about 1-1.5 days to adapt per time zone crossed,' so it could take more than nine days to recover from an ULH flight between Sydney and London. A stopover in the Middle East means a more gentle adjustment and gives passengers the opportunity to seek out daylight and fresh air en route, both of which can help with jetlag. Are ultra long-haul flights bad for your health? Operators are keen to do whatever they can to make ULH flights as comfortable as possible. 'It's not just an amenity issue – it's a strategic imperative to justify premium pricing and mitigate health and fatigue risks,' he says. 'Some carriers are piloting AI-driven in-flight wellness apps that adjust lighting, and offer hydration reminders and stretch routines based on biometric feedback.' Qantas's new planes will even have 'Wellbeing Zones' available to all passengers, featuring stocked fridges and 'movement areas' with guided exercises. Lights have been designed to 'optimise the circadian effects of different times' across all the cabins. With so much being done to mitigate the ill effects of ULH travel, it may be tempting to skip the ankle and neck rolls and regular jaunts through the cabin that physiotherapists so often advise. Don't. Flights lasting longer than 10 hours pose the greatest risk of DVT according to the American Society of Hematology. Meanwhile, easy exercises such as the ones recommended by physiotherapist Helen Davison in this article should help keep aches and pains at bay. What can passengers do pre- and post-flight to mitigate any ill effects? Embrace drink – just not the alcoholic or caffeinated kind. Experts suggest people can lose up to two litres of water on long-haul flights. Liquids can help keep headaches and joint swelling at bay and electrolyte sachets could help too. Meanwhile, the UK Civil Aviation Authority advises moving bed and waking times in the weeks before flying, in order to more easily adjust to a new time zone. Passengers can also use an online jet lag calculator to find out the best times to seek out sunlight on arrival. Loading There's no better excuse for a spa treatment either. At the Sofitel London Heathrow, guests can book an hour-long Jet Lag Recovery massage that starts with work on the legs and feet (and may help with puffy, achy ankles), before moving on to a tension-relieving back and shoulder massage and rehydrating facial. Will we see more ULH routes? Definitely. According to Bauer, 'Singapore Airlines and Qantas are exploring new non-stop services to secondary North American cities such as Boston, Chicago and Miami,' while 'Air India, under its Tata-led transformation, is evaluating a direct Delhi–Los Angeles route'.
Sydney Morning Herald
03-06-2025
- Business
- Sydney Morning Herald
Will 20-hour flights be bad for you? What to know about ultra-long hauls
The production and implementation cost of a premium economy seat is 1.6 times higher than that of an economy class seat, yet it generates 2.3 times higher revenues than its production cost.' Qantas may also be hoping that its new route will cut competition from Middle Eastern and Asian carriers with well-used stopover hubs. How do you pass the time? Love movie marathons? You're in luck. On Qantas's new route, you could potentially watch as many as 13 feature-length films – and you won't even need to pack snacks (these will be available in self-service fridges onboard). Served meals, however, can feel few and far between when flying ultra long-haul. On Singapore Airlines' 19-hour JFK-Singapore route, there's (tray) table service for only dinner and breakfast, with light snacks in between. The good news is there's a lot more than 'chicken or beef' to eat on these flights. 'Meal services are being re-engineered,' says Bauer. 'For example, lighter, low-inflammatory meals with adjusted timings help modulate melatonin levels and align with passengers' destination time zones – a practice pioneered by Qantas and Singapore Airlines.' What's it like to sleep on board? First and business class passengers should have no problem getting some rest. Bauer says airlines are engaged in an 'arms race in premium comfort' and cites Qatar's business class QSuite, which comes with doors, mood-lighting and fully lie-flat beds, as the cream of the crop. On Qantas's new planes, specially designed first class cabins are like small, but very sleek, bedrooms, complete with dining areas for two and comfy beds with flexible backrests. Business class passengers will sleep in lie-flat beds, and premium economy passengers get footrests and 40-inch (102-centimetre) seat pitches. But, while the cheapest seats will have 33-inch (84 centimetres) pitches (more than other Qantas planes), shelves for iPads and free Wi-Fi to help the time pass more quickly, spending 19 hours in economy still doesn't look like a particularly enticing prospect. There may be another issue with shut-eye too. According to the Sleep Foundation, 'the circadian clock takes about 1-1.5 days to adapt per time zone crossed,' so it could take more than nine days to recover from an ULH flight between Sydney and London. A stopover in the Middle East means a more gentle adjustment and gives passengers the opportunity to seek out daylight and fresh air en route, both of which can help with jetlag. Are ultra long-haul flights bad for your health? Operators are keen to do whatever they can to make ULH flights as comfortable as possible. 'It's not just an amenity issue – it's a strategic imperative to justify premium pricing and mitigate health and fatigue risks,' he says. 'Some carriers are piloting AI-driven in-flight wellness apps that adjust lighting, and offer hydration reminders and stretch routines based on biometric feedback.' Qantas's new planes will even have 'Wellbeing Zones' available to all passengers, featuring stocked fridges and 'movement areas' with guided exercises. Lights have been designed to 'optimise the circadian effects of different times' across all the cabins. With so much being done to mitigate the ill effects of ULH travel, it may be tempting to skip the ankle and neck rolls and regular jaunts through the cabin that physiotherapists so often advise. Don't. Flights lasting longer than 10 hours pose the greatest risk of DVT according to the American Society of Hematology. Meanwhile, easy exercises such as the ones recommended by physiotherapist Helen Davison in this article should help keep aches and pains at bay. What can passengers do pre- and post-flight to mitigate any ill effects? Embrace drink – just not the alcoholic or caffeinated kind. Experts suggest people can lose up to two litres of water on long-haul flights. Liquids can help keep headaches and joint swelling at bay and electrolyte sachets could help too. Meanwhile, the UK Civil Aviation Authority advises moving bed and waking times in the weeks before flying, in order to more easily adjust to a new time zone. Passengers can also use an online jet lag calculator to find out the best times to seek out sunlight on arrival. Loading There's no better excuse for a spa treatment either. At the Sofitel London Heathrow, guests can book an hour-long Jet Lag Recovery massage that starts with work on the legs and feet (and may help with puffy, achy ankles), before moving on to a tension-relieving back and shoulder massage and rehydrating facial. Will we see more ULH routes? Definitely. According to Bauer, 'Singapore Airlines and Qantas are exploring new non-stop services to secondary North American cities such as Boston, Chicago and Miami,' while 'Air India, under its Tata-led transformation, is evaluating a direct Delhi–Los Angeles route'.
Yahoo
02-06-2025
- Business
- Yahoo
Is Singapore Airlines Limited (SGX:C6L) Worth S$7.1 Based On Its Intrinsic Value?
Singapore Airlines' estimated fair value is S$5.28 based on 2 Stage Free Cash Flow to Equity Singapore Airlines' S$7.12 share price signals that it might be 35% overvalued Our fair value estimate is 20% lower than Singapore Airlines' analyst price target of S$6.59 In this article we are going to estimate the intrinsic value of Singapore Airlines Limited (SGX:C6L) by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow. Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (SGD, Millions) S$343.2m S$54.5m S$211.5m S$1.80b S$1.47b S$1.29b S$1.19b S$1.14b S$1.11b S$1.09b Growth Rate Estimate Source Analyst x2 Analyst x3 Analyst x4 Analyst x3 Est @ -18.35% Est @ -12.14% Est @ -7.79% Est @ -4.74% Est @ -2.61% Est @ -1.12% Present Value (SGD, Millions) Discounted @ 7.9% S$318 S$46.9 S$169 S$1.3k S$1.0k S$822 S$703 S$621 S$561 S$514 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = S$6.1b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.4%. We discount the terminal cash flows to today's value at a cost of equity of 7.9%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = S$1.1b× (1 + 2.4%) ÷ (7.9%– 2.4%) = S$20b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= S$20b÷ ( 1 + 7.9%)10= S$9.6b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is S$16b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of S$7.1, the company appears reasonably expensive at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Singapore Airlines as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.9%, which is based on a levered beta of 1.269. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Singapore Airlines Strength Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Earnings growth over the past year underperformed the Airlines industry. Dividend is low compared to the top 25% of dividend payers in the Airlines market. Opportunity Good value based on P/E ratio compared to estimated Fair P/E ratio. Threat Annual earnings are forecast to decline for the next 3 years. Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price exceeding the intrinsic value? For Singapore Airlines, we've put together three fundamental items you should further examine: Risks: Every company has them, and we've spotted 3 warning signs for Singapore Airlines (of which 1 is significant!) you should know about. Future Earnings: How does C6L's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the SGX every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scoop
22-05-2025
- Business
- Scoop
Christchurch Airport Expands Direct Singapore Route
Press Release – Christchurch Airport The airlines extra seasonal flights will increase to four per week, up from three last summer. The expanded service will operate in addition to the year-round daily flights, boosting the total up to 11 weekly return services. Christchurch Airport's connection to the world is getting even stronger this summer, with Singapore Airlines confirming 46 additional return services between Christchurch and Singapore from 24 November 2025 until 12 February 2026. The move adds up to over 23,000 extra seats across the peak summer season, driven by continued demand from South Island travellers and international visitors. The airline's extra seasonal flights will increase to four per week, up from three last summer. The expanded service will operate in addition to the year-round daily flights, boosting the total up to 11 weekly return services. That means there will be up to 5,500 seats available each week between Christchurch and Singapore. The move is part of Singapore Airlines' commitment to deliver greater connectivity between Christchurch and Singapore. Alongside the extra seats, there will be 64 additional tonnes of outbound freight capacity, a welcome lift for the South Island's tourism and export sectors. The Christchurch–Singapore route has connected the South Island to the world for nearly four decades. It remains a favourite for travellers, offering the comfort of the A350-900 and seamless connections via Changi Airport to destinations across Asia and Europe. 'This service has always punched well above its weight for Christchurch. It's a lifeline for our exporters, a magnet for high-value visitors, and the go-to launch pad for Kiwis heading off to Asia or Europe. 'Adding more flights just takes it up a gear, more choice, more impact, and even more reasons to love what this route brings to our city and region,' says Gordon Bevan, Christchurch Airport's General Manager Aeronautical Development. Justin Watson, Christchurch Airport Chief Executive, said: 'Our partnership with Singapore Airlines is one of the most enduring in New Zealand aviation. Their commitment to Christchurch reflects the strength of this route and the loyalty of South Island travellers who have trusted it for so many years. Together, we've built something special, and these extra flights are a sign of just how strong that connection remains.' The additional services are part of a joint venture with Air New Zealand, with both carriers also being members of the Star Alliance network. Alongside Singapore Airlines, United Airlines, Cathay Pacific and China Southern are all gearing up to return to Christchurch for the busy summer season, with their flights on sale now. The expansion of Singapore Airlines long-standing service builds on decades of strong connections between Christchurch and the world and continues to offer greater choice for travellers, faster pathways for trade, and fresh momentum for tourism and business across the South Island.
Scoop
21-05-2025
- Business
- Scoop
Christchurch Airport Expands Direct Singapore Route
Christchurch Airport's connection to the world is getting even stronger this summer, with Singapore Airlines confirming 46 additional return services between Christchurch and Singapore from 24 November 2025 until 12 February 2026. The move adds up to over 23,000 extra seats across the peak summer season, driven by continued demand from South Island travellers and international visitors. The airline's extra seasonal flights will increase to four per week, up from three last summer. The expanded service will operate in addition to the year-round daily flights, boosting the total up to 11 weekly return services. That means there will be up to 5,500 seats available each week between Christchurch and Singapore. The move is part of Singapore Airlines' commitment to deliver greater connectivity between Christchurch and Singapore. Alongside the extra seats, there will be 64 additional tonnes of outbound freight capacity, a welcome lift for the South Island's tourism and export sectors. The Christchurch–Singapore route has connected the South Island to the world for nearly four decades. It remains a favourite for travellers, offering the comfort of the A350-900 and seamless connections via Changi Airport to destinations across Asia and Europe. 'This service has always punched well above its weight for Christchurch. It's a lifeline for our exporters, a magnet for high-value visitors, and the go-to launch pad for Kiwis heading off to Asia or Europe. 'Adding more flights just takes it up a gear, more choice, more impact, and even more reasons to love what this route brings to our city and region,' says Gordon Bevan, Christchurch Airport's General Manager Aeronautical Development. Justin Watson, Christchurch Airport Chief Executive, said: 'Our partnership with Singapore Airlines is one of the most enduring in New Zealand aviation. Their commitment to Christchurch reflects the strength of this route and the loyalty of South Island travellers who have trusted it for so many years. Together, we've built something special, and these extra flights are a sign of just how strong that connection remains.' The additional services are part of a joint venture with Air New Zealand, with both carriers also being members of the Star Alliance network. Alongside Singapore Airlines, United Airlines, Cathay Pacific and China Southern are all gearing up to return to Christchurch for the busy summer season, with their flights on sale now. The expansion of Singapore Airlines long-standing service builds on decades of strong connections between Christchurch and the world and continues to offer greater choice for travellers, faster pathways for trade, and fresh momentum for tourism and business across the South Island. About Christchurch Airport: Christchurch Airport is the main gateway to the South Island of New Zealand, serving as a hub for both domestic and international flights. The airport is committed to delivering world-class services, enhancing the region's connectivity, and fulfilling the economic prosperity of New Zealand.
