SIA Group Reports Record Revenue and Net Profit Despite Decline in Operating Profit

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Singapore Airlines is rewarding its workforce with a generous 7.45-month profit-sharing bonus in an effort to recognise their role in delivering the carrier’s highest-ever net profit of S$2.78 billion (US$2.14 billion) for the financial year ending 31 March. The payout, based on a long-standing formula agreed with staff unions, comes despite a dip in operating profit and a cautious outlook for the year ahead. While slightly below last year’s rec…

SIA Group reports record revenue and net profit despite decline in operating profit

The SIA Group reported a record group revenue of SG$19,540 million for FY2024/25, an increase of SG$527 million (+2.8%) compared to the previous year. This was driven by sustained demand for both air travel and cargo services. SIA and Scoot together carried a record 39.4 million passengers, marking an 8.1% year-on-year increase. However, the Group passenger load factor (PLF) fell by 1.4 percentage points to 86.6%, as passenger traffic growth of …

SIA Group – record full year revenue and net profit

Group revenue climbed $527 million (+2.8%) from a year before to a record $19,540 million, driven by resilient demand for air travel and cargo uplift in FY2024/25. Follow Aeronews on Facebook, Twitter, LinkedIn, Bluesky and TikTok SIA and Scoot carried a record 39.4 million passengers, up 8.1%. Group passenger load factor (PLF) fell 1.4 percentage points to 86.6%, as passenger traffic growth of 6.4% lagged capacity expansion of 8.2%. Passenger y…