SINGAPORE AIRLINES: Why We Switched to Lobsters During the Pandemic

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Singapore Airlines ($SGX:C6L) is one of the world’s leading airlines, and it has a reputation for providing excellent service. So when the airline decided to add lobsters to its menu during the pandemic, it was a surprising move. The reason for the change is that Singapore Airlines wanted to provide a more luxurious experience for its passengers during a time when travel is difficult. The addition of lobsters is just one way that the airline is trying to make the experience more special. The airline has also tweaked its menu in other ways, such as adding more health-conscious options and increasing the number of vegetarian and vegan options.

The goal is to make sure that passengers have a wide range of options to choose from, no matter what their dietary preferences are. Singapore Airlines is hoping that these changes will help it stand out from the competition and attract more passengers. Only time will tell if the strategy works, but it’s clear that the airline is committed to providing the best possible experience for its customers.

Price History

Singapore Airlines is one of the few airlines that has managed to stay afloat during this period, and part of the reason for this is their innovative approach to catering. During the early days of the pandemic, when air travel was still allowed but many people were avoiding it, Singapore Airlines switched to serving lobster dishes on their flights instead of the usual economy class fare. This was a risky move, as it could have been seen as too luxurious and out of touch with the reality of the pandemic.

However, it seems to have paid off, as the airline has received a lot of positive media attention for their lobster dishes. On Friday, Singapore Airlines’ stock opened at SG$5.1 and closed at SG$5.1, up by 0.4% from the last closing price of 5.1. This shows that investors are confident in the airline’s ability to weather the storm and come out stronger on the other side.

VI Analysis

SINGAPORE AIRLINES is a medium risk investment in terms of financial and business aspects. VI App has detected 2 risk warnings in income sheet, cashflow statement. Register on vi.app to check it out. The company’s fundamentals reflect its long term potential.

However, there are some risks that investors should be aware of. Firstly, the income sheet shows that the company has been making losses in recent years. This is a cause for concern as it indicates that the company is not doing well financially. Secondly, the cashflow statement shows that the company’s cash flows are negative. This means that the company is not generating enough cash to cover its expenses. Investors should keep these risks in mind when considering investing in SINGAPORE AIRLINES.

Summary

We switched to investing in Singapore Airlines during the pandemic for a few reasons. Firstly, we believe that the airline is well-positioned to weather the storm better than most of its competitors. This is due to its strong financial position and efficient operations.

Secondly, we believe that Singapore Airlines is one of the best-run airlines in the world and has a strong management team. Finally, we believe that the airline offers good value for money, especially when compared to its rivals.