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...
The best spa hotels in Dorset for luxury and relaxation
Luxury Ship Charging $33,000 a Person Awaits Rescue in Greenland’s Arctic
Business Travel Spending Will Top Pre-Covid Level in 2024
Pilots Offered Extra 100,000 Rupees a Month to Stay at Go Air
Petrobras Faces New Calls to Cut Jet Fuel Prices
Ryanair Beats Estimates, Cautions on Traffic Amid Boeing Delays
Best hotels in Guernsey for an island holiday in 2023
U.S. holiday air passenger travel tops 2019 pre-COVID levels