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Singapore Airlines’ Q2 loss grows as higher cost outpaces revenue growth

Singapore Airlines (SIA) posted a larger second-quarter loss despite a gradual recovery in passenger traffic and strong performance from the cargo business, due to a higher operating expenditure. As a result, operating loss for the quarter ended 30 September came in...

Singapore sees operating profit melt away

Singapore Airlines lost over a billion dollars in profit in its Fiscal Year 2019-2020 as the airline group was hit hard by the restrictions of Covid-19. From a $1.067 billion operating profit the previous year it ended the FY2019-20 with just a $59 million operating...

Singapore not unhappy with 2018-19 result

Singapore Airlines is reasonably satisfied with the results for its fiscal year 2018-2019 it announced on May 16. A net profit of $682.7mln was down from the previous year’s $1.301bln, but results are still solid in a nervous environment. Singapore Airlines Group...

Daily Insight: Tuesday 2 April 2019: More Trouble for Rolls Royce?

News Problems with High Pressure Turbine blades have emerged on the Trent 1000 TEN engine used on the 787-10 aircraft, and Singapore Airlines is performing engine changes on its 787-10 fleet.  The Trent 1000 TEN is a derivative of the Trent 1000 program, and is likely...

Are aging fleets a problem?

With another two stories today about in-flight component failures (Southwest, Sichuan), we are being reminded that...