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Singapore Airlines Grp posts record SGD 2.8 bln annual profit on gain from Air India-Vistara merger

Summary by NewsDrum
New Delhi, May 15 (PTI) Singapore Airlines Group on Thursday posted a record net profit of 2.8 billion Singapore dollars for the year ended March 2025, bolstered by one-time non-cash accounting gain of 1.1 billion Singapore dollars from the merger of Vistara with Air India in November last year. Singapore Airlines, which holds a 25.1 per cent stake in Tata Group-owned Air India, said the ownership allows it to participate directly in the fast-ex…
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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 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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Business Times broke the news in on Thursday, May 15, 2025.
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