Asia/Pacific

SIA net profit 4.9% up end of 2023, passenger yields under pressure

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SIA net profit 4.9% up end of 2023, passenger yields under pressure

Singapore Airlines (SIA) has reported a $659 million net profit for the 2023/2024 fiscal third quarter, ending December 31, 2023. It marks a 4.9% increase from the same period a year prior, when operating profit was down 19.3% to $609 million. Total revenue was up 4.9% to $5.08bn. The demand for ai...

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