Singapore Airlines shares dropped 1.3% due to a turbulent flight on May 23rd, causing a passenger's death and injuries.
Singapore Airlines shares dropped 1.3% due to a turbulent flight on May 23rd, where flight SQ321 encountered severe turbulence over Myanmar, leading to a passenger's death and multiple injuries. The shares fell from S$7.00 to S$6.67 on resumed trading. Despite the negative impact, brokers and analysts believe minimal financial impact is expected due to insurance coverage and minimal liability.
May 23, 2024
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