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Singapore Airlines’ third-quarter profit more than doubles - Regional Media News

Summary by regionalmedianews.com
(Reuters) – Singapore Airlines’ on Thursday reported its net profit more than doubled in the third quarter, helped by a one-time gain from the Air India-Vistara merger. The airline, which owned about 49% of Indian carrier Vistara, completed a merger of Air India and Vistara last November, in a bid to create a dominant full-service airline for the domestic and international markets. The deal granted Singapore Airlines (SIA) a 25.1% stake in the A…
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Asian AviationAsian Aviation

Singapore Airlines boosts 3Q net profit - Asian Aviation

Singapore Airlines reported its net profit more than doubled in the third quarter thanks to a one-time gain from the Air India-Vistara merger. The airline, which owned about 49% of Indian carrier Vistara, completed a merger of Air India and Vistara last November, in a bid to create a dominant full-service airline for the domestic and international markets. The deal granted Singapore Airlines (SIA) a 25.1% stake in the Air India group, while auto…

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regionalmedianews.comregionalmedianews.com

Singapore Airlines’ third-quarter profit more than doubles - Regional Media News

(Reuters) – Singapore Airlines’ on Thursday reported its net profit more than doubled in the third quarter, helped by a one-time gain from the Air India-Vistara merger. The airline, which owned about 49% of Indian carrier Vistara, completed a merger of Air India and Vistara last November, in a bid to create a dominant full-service airline for the domestic and international markets. The deal granted Singapore Airlines (SIA) a 25.1% stake in the A…

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regionalmedianews.com broke the news in on Thursday, February 20, 2025.
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