Singapore Airlines Profits Jump 93 Percent On Higher Traffic, Yields

Singapore Airlines' six-month profits rose 93.3% to S$1.14 billion thanks to Asia's economic recovery and several one-time gains. Revenues grew 15% to S$4.96 billion for the period ended Sept. 30, while a 58% increase in fuel costs pushed expenses up 13% to S$4.04 billion. SIA said it has hedged 50%...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.