Singapore Airlines shares slip 1.3% after turbulent flight By Reuters


SINGAPORE (Reuters) – Singapore Airlines (OTC:) shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight.

One passenger died of a suspected heart attack and dozens were injured after flight Singapore Airlines SQ321 encountered what the airline described as sudden, extreme, turbulence while flying over Myanmar on Tuesday.

© Reuters. Airport officials stand near the Singapore Airlines aircraft for flight SQ321 parked on the tarmac after an emergency landing at Suvarnabhumi International Airport, in Bangkok, Thailand, May 22, 2024. REUTERS/Athit Perawongmetha

Singapore markets were closed for a holiday on Wednesday and resumed trade on Thursday. Early turnover in the stock was modest and it was last down 1.3% at S$6.67 ($4.94) after dipping as far as 1.8% to S$6.64.

($1 = 1.3502 Singapore dollars)

Leave a Reply

Your email address will not be published. Required fields are marked *