Aviation Blog - Jay Ratliff

Aviation Blog - Jay Ratliff

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Strong profit by Singapore Air means a very nice bonus for their employees

Singapore Airlines (SIA Group) has reported an exceptional financial performance for the fiscal year FY2023/24, marking its highest full-year operating and net profits in the company's history. The surge in demand for air travel has been a significant factor, leading to unprecedented passenger revenue and load factors. Even amid geopolitical tensions, economic uncertainties, inflationary pressures, and supply chain challenges, the Group's robust foundation and strategic measures have poised it well to seize upcoming growth opportunities.

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