Revenue grew to $9.5 billion, up 4.7% y-o-y. Increased competition and higher passenger capacity in key markets, however, exerted pressure on yields — which fell 5.6%. On the cargo front, yield was 13.4% lower amid the continued recovery in bellyhold capacity.
Singapore Airlines (SIA) has posted earnings of $742 million for the 1HFY2024/2025 ended September, 48.5% lower y-o-y due to weaker operating performance.
Other contributing factors include lower net interest income and a loss on disposal of aircraft, spares and space engines, versus a gain last year.
