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...
Global Investors Pour Billions Into Japan Hotels on Tourism Jump
IAG Second Quarter Profit Surges on Demand for Leisure Travel
Cathay Expects Return to Half-Year Profit After Tough Ride
A Night Train Through Europe’s Heart Has a Lot Riding On It
Top Vacation Spots Are Now Threatening Bad Tourists With Jail
Air Canada Hedges Some of Its Fuel Bill for First Time in Years
The 16 Best Travel Shoes, According To A Foot Doctor
The Dante House, Naples, review: Luxury hotel chic meets B&B practicality