Singapore Airlines rated 'buy' by Phillip Securities

Stock Name: SIA
Company Name: SINGAPORE AIRLINES LTD
Research House: Phillip Securities

Phillip Securities Research in a Mar 16 research report says: "Jetfuel prices are currently at a very high price of c.US$130/bbl. During our 3QFY11 results update, we highlighted that a key risk to our upgrade is that Jetfuel prices could soar to higher than expected levels.

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