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...
15 Great Father’s Day Gifts to Celebrate Every Kind of Dad
India Resumes Visas for Canadian Citizens as Tensions Ease
Best hotels in Hanoi 2023: Where to stay in the French Quarter, the Old Quarter and more
Iceland’s Top Attraction Shuttered for Week Over Volcanic Threat
Princess Margaret of Denmark's Historic French Fortress Is Going To Auction
Airbnb Gives Optimistic Outlook Showing Resiliency in Demand
Olive Oil Producers Turn to Tourists to Combat Soaring Costs, Extreme Weather
8 Ways to Experience Indigenous Heritage in One Canadian Province