dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities
  • Lah!

SGX And CAI Launch Index To Capture Long Term Aviation And Travel-Related Growth As Borders Reopen

  • November 27, 2021
Total
0
Shares
0
0
0

Singapore Exchange (SGX) and Changi Airports International (CAI) today jointly launched the iEdge-GateEq Aviation and Travel Index which aims to capture global aviation and travel-related long term growth, as borders reopen and travel restrictions ease.

Developed by SGX as part of the SGX iEdge product suite and in collaboration with GateEq, a strategic initiative of CAI which is the consultancy and investment arm of Changi Airport Group, the market capitalisation-weighted index covers the top 50 listed companies worldwide with revenue derived from the six sectors defined by GateEq, namely Airport Infrastructure and Services, Airlines, Original Equipment Manufacturer (OEM) and System Providers, Air Freight and Logistics, Travel and Booking Services, and Hospitality.

This index is constructed to be tradable, with efficient liquidity and replicability. SGX will review the index constituents quarterly, using the index methodology to screen a universe of stocks researched by GateEq.

The advent of COVID-19 has led to an unprecedented impact on the aviation industry as global passenger volume plummeted. However, the International Air Transport Association (IATA) has forecasted a recovery where global passenger numbers are expected to surpass pre-COVID-19 levels by 2024, depending on countries’ border reopening and quarantine mandates. Nevertheless, global vaccination efforts and the recent reopening of key markets like the U.S. and Europe, as well as other regional markets like Australia, Argentina, Thailand and Singapore should boost confidence for air travel recovery and its growth thereafter.

Based on the iEdge-GateEq Aviation and Travel Index, travel and aviation stocks displayed high volatility since March 2020 as countries were grappling with border closures and reopening. The index has since reached pre-COVID-19 level in October 2021, driven by a rally in hospitality, travel and booking related stocks, while airlines and air freight stocks remain as laggards.

Ng Kin Yee, Managing Director and Head of Data, Connectivity and Indices, SGX, said, “We are delighted to partner CAI on this aviation and travel index launch. As borders reopen and travel restrictions ease, the aviation and travel sector is one that is keenly watched by investors seeking to capture post-pandemic growth. While growth across the industry may be uneven, we hope that this index will serve as a yardstick and source of insight for investors and the wider industry, and we certainly look forward to this ongoing partnership with CAI.”

Eugene Gan, CEO of CAI, said, “Notwithstanding CAI having established a global footprint covering multiple airports across different regions, we believe this is the first occasion in the world where an airport group is working with a leading index market provider to provide such a unique solution for the financial market. We are excited to work with SGX in this new partnership and to launch the index at this opportune moment as borders reopen.”

For details on the index methodology, please visit: https://www.sgx.com/indices/products/iegatenr

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • CAI
  • Changi Airports International
  • COVID-19
  • GateEq
  • iEdge-GateEq
  • iEdge-GateEq Aviation and Travel Index
  • SGX
  • SGX iEdge
  • Singapore Exchange
  • Travel Index
dotlah.com

Previous Article
  • Lah!

Birds Of Prey Wear 3D-Printed Shoes To Treat Foot Disease

  • November 27, 2021
View Post
Next Article
  • Cities
  • Lah!

Singapore Airlines Launches Flight Pass To Offer Customers Greater Savings And Travel Flexibility

  • November 27, 2021
View Post
You May Also Like
View Post
  • Cities

Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading

  • dotlah.com
  • September 21, 2025
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025
View Post
  • Lah!

Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them

  • John Francis
  • March 25, 2025
View Post
  • Lah!

Canonical announces 12 year Kubernetes LTS

  • John Francis
  • March 4, 2025
“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch
View Post
  • Cities
  • Technology

“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch

  • John Francis
  • January 6, 2025


Trending
  • 1
    • Cities
    • People
    Developing Countries Could Get Sick Before They Get Rich. Policy Can Help
    • March 9, 2020
  • 2
    • Cities
    ComfortDelGro To Waive Taxi Rental For Cabbies Affected By Wuhan CoronaVirus (“Wuhan Virus”)
    • January 29, 2020
  • 3
    • Technology
    Students Design New Bank Branch Concept In A Collaboration Between UOB And Singapore Polytechnic
    • January 28, 2020
  • Medicine 4
    • People
    • Technology
    Drug Resistance: Could Global Goals Be The Answer To This Worldwide Health Crisis?
    • January 19, 2024
  • 5
    • Lah!
    ​NTU Singapore Revitalises Yunnan Garden As A Place For Leisure, Education And Heritage
    • February 7, 2020
  • 6
    • Cities
    The Future Of Asia: Decoding The Value And Performance Of Corporate Asia
    • July 14, 2020
  • 7
    • Lah!
    SGX Welcomes Nanofilm Technologies International Limited To Mainboard
    • November 2, 2020
  • 8
    • Lah!
    Two Historic Shipwrecks Discovered In Singapore Territorial Waters, Maritime Archaeological Research Ongoing
    • June 18, 2021
  • 9
    • Technology
    How To: Configure Python Virtual Environment In Ubuntu
    • April 6, 2019
  • 10
    • Cities
    • Technology
    NEOM and Volocopter: First Electric Air Taxi Flight in Saudi Arabia
    • June 21, 2023
  • Black Friday Gifts 11
    • Gears
    Black Friday. How to Choose the Best Gifts for Yourself and Others, Plus Our Top Recommendations.
    • November 17, 2024
  • damir-spanic-09znJJdtZFc-unsplash 12
    • Cities
    • People
    Sleep And The City: How To Improve Your Sleep When Living In A City
    • September 7, 2021
Trending
  • 2025 Laptop Buyer’s Guide: Best Value and Performance Picks 1
    2025 Laptop Buyer’s Guide: Best Value and Performance Picks
    • October 28, 2025
  • 2
    Why climate summits fail – and three ways to save them
    • October 21, 2025
  • Bluetooth speakers 3
    Best Bluetooth Speakers Under $200 (2025 Edition)
    • October 16, 2025
  • 4
    Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band
    • October 15, 2025
  • 5
    Apple unveils new 14‑inch MacBook Pro powered by the M5 chip, delivering the next big leap in AI for the Mac
    • October 15, 2025
  • 6
    Apple introduces the powerful new iPad Pro with the M5 chip
    • October 15, 2025
  • 7
    Singapore’s national identity excludes those who don’t look like a ‘regular family’
    • October 9, 2025
  • Smart Watch 8
    Best Smartwatches, Your Gateway to Health Monitoring and Everyday Use
    • October 5, 2025
  • Cooking pots and pans 9
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 10
    Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
    • September 21, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.