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Singapore Airlines Posts H1 Net Income Attributable Of SGD 134 Million

By Reuters News

Nov 11 (Reuters) - Singapore Airlines Ltd SIAL.SI:

  • PASSENGER DEMAND REMAINS HEALTHY, SUPPORTED BY SEASONAL TRAVEL FLOWS

  • H1 NET INCOME ATTRIBUTABLE SGD 134 MILLION

  • THE GROUP WILL MAINTAIN DISCIPLINED COST MANAGEMENT TO REINFORCE ITS LONG-TERM COMPETITIVE POSITION

  • H1 REVENUE SGD 11,297 MILLION

  • SCOOT'S SERVICES TO JEDDAH AND SIA'S SERVICES TO DUBAI REMAIN SUSPENDED

  • THE LAUNCH OF SIA'S SERVICES TO RIYADH (SAUDI ARABIA) HAS BEEN DEFERRED TO MARCH 2027

  • JET FUEL PRICES REMAIN ELEVATED RELATIVE TO PRE-CONFLICT LEVELS, AND CONTINUE TO PLACE SIGNIFICANT PRESSURE ON COSTS

  • INTERIM DIVIDEND OF 2 SG CENTS PER SHARE

  • INTERIM SPECIAL DIVIDEND OF 5 SG CENTS PER SHARE

  • EXTENDED CONFLICT COULD POTENTIALLY LEAD TO FURTHER INFLATIONARY COST PRESSURE & AFFECTING DEMAND FOR PASSENGER TRAVEL, OTHERS

  • WILL CONTINUE TO INVEST STRATEGICALLY IN SIA AND SCOOT, ADVANCE ITS MULTI-HUB STRATEGY THROUGH ITS INVESTMENT IN AIR INDIA

Further company coverage: SIAL.SI

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