SIA Group Announced Historical Net Profit
Rolls-Royce PLC Announces New Leadership for the META Region
Kuwait Airways Takes Delivery of its first two A330neos
Mehmet T. Nane, CEO of Pegasus Airlines becomes new Chair of IATA’s Board of Governors in June 2022
Boom and Rolls Royce Teams will Work Together to Address Sustainability in Overture Design and Operations
Hitit is a Signatory of IATA's 25by2025 Initiative to Achieve Gender Balance in the Aviation Industry
European aviation research and industry initiate IMOTHEP, an ambitious technological program on Hybrid Electric Propulsion



SIA Group Announced Historical Net Profit

Issue 19 - 2023
SIA Group Announced Historical Net Profit

SIA Group reported a net profit of $734 million in the first quarter of fiscal 2023/24, which recorded the highest first quarter meetings amid strong demand for air travel during the mid-year school holidays and the start of the summer travel season.

The group's passenger capacity increased 32.4% year-on-year as restrictions on international air travel were eased globally. SIA and Scoot carried 8.4 million passengers this quarter, up 65.5% year-on-year, with strong demand across all routes and market segments. Passenger factor and occupancy capacities improved in all markets with annual traffic growth, outpacing capacity information. The group had a record 88.9% passenger load factor in the first quarter, with SIA 88.1% and Scoot 91.7%.


flydubai Celebrates 15 Years of Operations
Oman Air Receives Cirium Award for Highest On-Time Performance at ATM Dubai 2024
New Air Serbia Premium Lounge at Belgrade Airport by the End of the Year
Air Astana Reaches New Heights in Celebrating 22nd Anniversary
Copyrights © 2019 All Rights Reserved by Aviation Turkey.