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Singapore Airlines reports stronger earnings and higher profits in Q3 2023/24  – AeroTime

NEWSROOM by NEWSROOM
February 20, 2024
in Singapore
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Vytautas Kielaitis / Shutterstock.com

Singapore Airlines Group has announced a net profit of SGD659 million ($491 million) for the third quarter (Q3) of 2024 which ended on December 31, 2023. Profits rose from SGD628 million ($468 million) during the corresponding period in 2022, representing a 4.9% year-on-year increase.  

The increase in the airline’s profits is being put down to “robust passenger demand, led by a rebound in North Asian markets as China, Hong Kong, Japan, and Taiwan reopened,” said the group in its Q3 business update. The net profit figure…



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