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...
Putin woos African leaders at a summit in Russia with promises of expanding trade and other ties
Save 80% on a lifetime subscription to this Koofr cloud storage plan
Get these AirPod alternatives for less than $18 per pair
How Qatar plans to make F1 grand prix their ‘new World Cup’
Huge Hotel Building Project Near Vietnam’s Ha Long Bay Triggers Public Outcry
Max Verstappen fends off Fernando Alonso to take pole position in Monaco
Elon Musk 'likes' trending #BanTheADL posts as white supremacist ad runs on platform
Madewell’s New Collab Is Celebrity Stylist-Approved & Features Fall’s Top Denim Trends