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...

The Best Indoor Security Cameras for 2023

Sonos Summer Sale: Save Up to 25% on Select Wireless Speakers at Best Buy

1,500-year-old Teotihuacan village found in Mexico City

What’s Trending Today: Wildfire Smoke Rages On, Tucker Carlson’s Contract, Denver Nuggets Win Game 3

'Shortcomings' review: Messy, rock-bottom characters make Randall Park's comedy

James Webb Telescope captures stunning images of a neighboring galaxy

Get a refurbished 13-inch Apple MacBook Air for 69% off: Now $370

Climate Change Is Devastating Puerto Rico. Women Environmentalists Are Fighting Back