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HomeTravelSingapore Airlines posts record half-year profit as air travel demand soars

Singapore Airlines posts record half-year profit as air travel demand soars

Published Nov 07, 2023 10:25AM ET Updated Nov 07, 2023 10:46AM ET
© Reuters. A Singapore Airlines plane is seen among the planes in the static display at the Singapore Airshow in Singapore, February 16, 2022. REUTERS/Caroline Chia/File Photo
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(Reuters) -Singapore Airlines on Tuesday posted a record half-year profit reflecting strong travel demand as passenger traffic to the northern part of Asia rebounded after countries fully reopened post the Covid pandemic.
The city-state’s national carrier said net profit rose to S$1.44 billion ($1.06 billion) for the six months ended Sept. 30 from S$926.9 million reported a year ago.
It declared an interim dividend of 10 Singapore cents per share.

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