Passenger traffic hit 8.9 million, up 42% from last year, resulting in US$522 million in net earnings.
Singapore Airlines’ revenue grew 4.3% to S$4.7 billion as flight demand, including its low-cost unit Scoot, sustained elevated airfares.
Net income in the second quarter through September climbed 27% from a year earlier to S$707 million , the carrier said in a statement Tuesday. Revenue rose 4.3% to S$4.7 billion. Singapore’s flag carrier warned that air travel returning to normal puts pressure on yields. It also flagged heightened geopolitical and macroeconomic risks that will “continue to pose challenges for the airline industry”.
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