SIA Reports First Quarterly Profit Since The Pandemic on Travel Rebound
Singapore Airlines (SIA) reported a net profit of S$85mn (vs. a loss of S$141.8mn in Q3 2020) on total revenues of S$2.32bn, up 117% YoY for its third quarter ended December. This is the first quarterly profit for Singapore’s flag carrier since the pandemic...
SIA Trims 1H Loss to $617mn; VTL Boosts Revenues to $2.1bn
Singapore national carrier Singapore Airlines (SIA) reported improving numbers for H2 ended September with revenues rising 73% YoY to S$2.83bn ($2.09bn), and operating and net loss narrowing 66.8% and 75.9% to S$619.4mn ($457mn) and S$836.8mn ($617.5mn) respectively....
SIA Q1 Net Losses Narrow
Singapore Airlines reported a progressive increase in the passenger traffic and robust cargo performance which helped it earn a revenue of S$1.3bn ($960mn) in its first quarter ended June, 52% higher than S$861mn ($636mn) in 1Q2020. The increase in revenues was...
