Net Profit Surges 146.7% To $1.6 Bn As SIA Gains From Vistara-Air India Merger

The SIA Group’s revenue reached a record USD 5,219 million in the three months ending 31 December 2024, an increase of USD 137 million (+2.7 per cent) compared to the same period last year. This growth was driven by strong demand for air travel in the third quarter of FY2024/25.

Passenger revenue rose by USD 70 million (+1.7 per cent), with Singapore Airlines (SIA) and Scoot carrying a record 10.2 million passengers, a 7.2 per cent increase from the previous year. However,…