The group says revenue for the third quarter ended Dec 31, 2024 was spurred by robust demand for air travel. Passenger flown revenue improved by $70 million or 1.7% higher y-o-y with SIA and Scoot carrying a quarterly record of 10.2 million passengers for the third quarter.
Singapore Airlines (SIA) has reported higher earnings for the 3QFY2025 of $1.6 billion, up 146.7% y-o-y from the same period a year ago. While certain operating numbers improved, the higher bottom line was predominantly due to the $1.1 billion non-cash accounting gain resulting from the disposal of Vistara, following the airline’s merger with Air India in November 2024.
Revenue in the same period increased 2.7% y-o-y to $5.2 billion.
