SIA Group notes 'challenging operating environment' expected to persist but forward bookings good

Singapore Airlines Group reported (04-Feb-2016) the "challenging operating environment is expected to persist" with demand remaining volatile as per economic forces and external events. The group forecast expansion by competing airline groups will "continue to exert pressure on loads and yields" but noted advance passenger bookings for 4QFY2016 "are positively tracking seat capacity." [more - original PR]