“I don’t see how India’s growth will be affected in any significant manner, and neither will Southeast Asia’s, so we believe we are well-positioned, and we will continue to strengthen our stance,” says Goh, speaking at the airline’s 1HFY2025 ended Sept results briefing on Nov 11.
Global aviation has returned to 2019 pre-pandemic levels, according to a June report by the International Air Transport Association (IATA). While public health officials are glad to put this episode behind them, it also means the aviation industry needs to brace for tepid growth ahead for the foreseeable future as revenge travel has dwindled.
Nonetheless, air travel within Asia Pacific is expected to continue growing at a rate above the global clip, underpinning demand over the longer term. “Growth in Southeast Asia and India are two places where we have continued to build strength in, and in my opinion, will continue to grow within our expectations,” says Singapore Airlines (SGX:C6L
) CEO Goh Choon Phong, referring to various projections made.
