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...
Thailand Set to Halt Tightening Cycle as Inflation Loses Steam
Why Summer Heat Is More Likely to Ground Your Flight Than Cold Weather
US-China Flights Approved to Double Under Government Agreement
US Airlines Keep Adding Seats They Can’t Get Anyone to Fill
United Closes In on Large Order for Airbus A321 Narrowbody Jets
The best spa hotels in Dorset for luxury and relaxation
I Traveled Like A Succession Character & “Quiet Luxury” Finally Made Sense
Hong Kong Aviation Recovery Is Coming Much Sooner Than Expected