News
SIA group booked record revenue for fiscal third quarter
February 21st 2025
Singapore Airlines Group (SIA) has announced revenue was S$5.2 billion (US$3.9 billion) in the three months to last December 31. Read More » Passenger flown revenue improved by S$70 million (1.7%) with Singapore Airlines and Scoot combined transporting 10.2 million passengers in the month, 7.2% more air travellers than in the previous quarter. Group passenger load factor declined 1%, to 87.2%, because passenger growth lagged a capacity expansion of 8.5%. SIA booked an operating profit of S$629 million in the reported months, 3 3% higher than the same quarter a year ago. SIA expects air travel demand to remain healthy in final quarter 2024-2025 even though the operating landscape continues to be competitive. It is well positioned to navigate airline industry challenges such as cost inflation, supply chain constraints, geopolitical tensions, economic uncertainty and increased competition, it said.
