Singapore Airlines Grp posts record SGD 2.8 bln annual profit on gain from Air India-Vistara merger
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10 Articles
The Singapore Airlines Group (SIA) has obtained a net profit of 1,912 million euros in its fiscal year 2024/2025, which represents an increase of 3.9% over the previous year, as reported by the company on Thursday. This result is a consequence of the non-monetary accounting gain of 756 million euros resulting from the merger between Air India and Vistara, completed in November 2024. The operating profit of SIA was 1,176 million euros in the fina…
After the historical results recorded in 2023/24, the SIA group (Singapore Airlines and its subsidiary Scoot) achieved a new record performance in fiscal year 2024/25, recording in particular the highest turnover and net profit in its history. Over the period from 1 April 2024 to 31 March 2025, the SIA group achieved a record net profit of Singapore dollars 2.8 billion (€1.93 billion), backed by an exceptional accounting gain of 760 million euro…
Singapore Airlines posts record profits for FY2024/25 despite market uncertainty
On May 15, 2025, Singapore Airlines Group (SIA) posted its highest-ever annual profit figures in the company’s 53 years under its current name. The Singapore-Changi Airport (SIN) based carrier airline group recorded a net profit of US$2.78 billion, representing an increase of3.9% higher over the previous year. This is despite the airline recording an increase in overall competition on key routes and decreasing yields as a result. The significant…
Singapore Airlines Group announces historical financial results with a net profit of $2.8 billion for fiscal year 2024/25. Singapore Airlines Group (SIA) released the 1st anniversary of the...
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Singapore Airlines group posts record SGD 2.8 billion net profit, boosted by Air India-Vistara merger - Connected to India News I Singapore l UAE l UK l USA l NRI
Singapore Airlines (SIA) now has a 25.1 per cent stake in the enlarged Air India, following the November 2024 merger. Photo courtesy: Singapore Tourism Board The Singapore Airlines group (SIA) has posted a record net profit of USD 2.8 billion for the year ending on March 31. Media reports in Singapore also say that the company staff would get 7.45 months’ pay as profit-sharing bonus. Giving a summary of the company’s financial statement, a SIA p…
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