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Top Stock Highlights of the Week: Singapore Airlines, Sembcorp Industries, ComfortDelGro and Q&M Dental
By The Smart Investor  •  December 18, 2021
Here is another edition of stock highlights where we provide updates on the latest corporate news and events. Singapore Airlines Limited (SGX: C6L) Singapore Airlines Limited, or SIA, has signed a letter of intent to purchase seven A350F freighter aircraft from Airbus (EPS: AIR), with an option to buy another five more. Once delivered in the fourth quarter of 2025 (4Q2025), SIA will become the first airline to operate this new-generation wide-body freighter aircraft. The letter of intent signed with the reputable aircraft manufacturer includes a swap of aircraft, where SIA will hand over 15 A320neo and two A350-900 passenger aircraft to Airbus. By doing so, the airline can keep its capital expenditure low while still achieving its objective of renewing its fleet. The new A350Fs can carry a similar volume of cargo as the Boeing 747-400Fs that it is replacing, but burns 40% less fuel, thus allowing the airline to save on fuel costs....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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