Singapore Airlines Ltd. reported record annual results despite flying at 78% of pre-Covid capacity and carrying almost 10 million fewer passengers than the 12 months through March 2020. Airfares remain elevated, and the carrier said bookings for China, Japan and South Korea are leading the rebound. Hong Kong rival Cathay Pacific Airways Ltd. has a way to go before it gets to those lofty heights, with last year’s revenue still only about half of pre-pandemic levels.
Singapore Air’s Record Results Leave Rival Cathay in Wake: Chart
2023-05-17 13:23
Singapore Airlines Ltd. reported record annual results despite flying at 78% of pre-Covid capacity and carrying almost 10
You Might Like...
IndiGo Profit Beats Forecast as Fuel Cost Drops, Demand Jumps
Virgin Galactic Reaches Space in Long-Overdue Commercial Debut
This man is traveling the world on non-motorized transport
Delta's New JFK SkyClub Is Designed to Avoid Overcrowding. Here’s a Look Inside.
Highs and Lows of Qantas Boss Loved by Investors, Not Passengers
Best hotels in Europe 2023: Where to stay for a city, beach or retreat break
Missed out on summer travel? Airline tickets will be cheaper in the fall
Being a Private Chef in Greenwich Means Catering $100,000 Cannabis Parties