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95.9% increase in profit for SIA group

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  • 95.9% increase in profit for SIA group

    http://australianaviation.com.au/201...llenges-ahead/

    Really really impressive results from SIA with profits improving at all subsidiaries except the Cargo sector, only worrying issue is the yield falling. Scoot especially really seems to be reaping the benefits from an all 787 fleet! With the recent news of the Tigerair acquisition being successful, future seems bright for the budget sector of the Singapore Airlines group!

    'SQ saw an increase from $S270 million operating profit from the previous corresponding quarter to $S387 million operating profit
    MI saw an increase from $S18 million operating profit from the previous corresponding quarter to $S33 million operating profit
    TZ saw an increase from $17 million operating loss from the previous corresponding quarter to a $S18 million operating profit
    TR saw a $S9 million operating profit
    SQ cargo saw a decline from $S17 million operating profit from the previous corresponding quarter to a $S2 million operating profit'

    (Taken from qf789's post on airliners.net cause the stats are more presentable this way haha!
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