SIA Group Announced Historical Net Profit
Is Sustainable Aviation Fuel Just a Pipe Dream?
Hydrogen Fuel Cells that Assure Longer and More Efficient Drone Operations Could Point Way for Future Air Travel!
VoltAero Selects Safran’s ENGINeUS™ 100 Electric Motor to Equip the Cassio 330 Electric-Hybrid Aircraft Prototype
Airbus BelugaXL enters service, adding XL capacity to the fleet
A message by Prof. Dr. Kemal Yüksek, Director General, Directorate General of Civil Aviation, Türkiye on First ICAO Global Air Cargo Summit
Turkish Airlines Started 2025 with Strong Performance on International and Domestic Routes



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%.


Star Alliance - World’s Best Airline Alliance at 2025 Skytrax Awards
EGYPTAIR Discloses Order for an Additional Six Airbus A350 Aircraft
Turkish Airlines Resumes Flights to Misrata, Libya’s Third Largest City
AURA AERO Presented Update on Integral and Era Programs at Eaa Airventure Oshkosh 2025
Copyrights © 2019 All Rights Reserved by Aviation Turkey.