Singapore Airlines Group reported record-breaking revenues and net profit for the fiscal year ending March 2025.
The revenue was 19.54 billion Singapore dollars, operating profit was 1.71 billion Singapore dollars, and net profit was 2.78 billion Singapore dollars. A special profit of 1.1 billion Singapore dollars from the merger of Air India and Vistara contributed to this result.
The number of passengers reached a record high of 39.4 million, marking an 8.1% increase year-on-year. The seat load factor was 86.6%. The revenue per passenger fell by 5.5% due to increased competition.
Strategic initiatives include starting a joint venture with All Nippon Airways (ANA) in September, installing first class on Airbus A350-900ULR aircraft, and upgrading the lounge at Changi International Airport Terminal 2.
Despite anticipating geopolitical and economic uncertainties, the company plans to continue investing in digitalization, next-generation aircraft, and enhancing customer experience. Efforts to penetrate the Indian market through their investment in Air India will also be strengthened.
The fleet consists of 205 aircraft with an average age of 7 years and 8 months. There are 78 aircraft on order. The passenger network spans 128 cities in 36 countries and regions, while the cargo network covers 132 cities in 37 countries and regions.
