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 04:45
Singapore Airlines Ltd. reported record annual results despite flying at 78% of pre-Covid capacity and carrying almost 10
You Might Like...
UN agencies warn of starvation risk in Sudan, Haiti, Burkina Faso and Mali, call for urgent aid
Peace pioneer Bertha von Suttner's message still resonates
WeWork, once a $47 billion giant, files for bankruptcy
He makes the best baguette in Paris, but he's not French
Zoom might use your calls and data to train AI
This lifetime MS Office for Mac bundle is on sale for 97% off
Airlines Are Weighing Passengers for Safety Reasons After Covid
A Week As A Digital Nomad On A $330,000 Joint Income