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SIA Group Reports $2.1B Profit Boosted By Air India-Vistara Merger

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SIA Group, the parent company of Singapore Airlines, has announced strong financial results for the fiscal year 2024/25. The group achieved a net profit of $2.1 billion, a 3.9% increase year-on-year, largely driven by a one-off, non-cash accounting gain of $846 million arising from the merger of Air India and Vistara. Total revenue climbed 2.8% to $15 billion, while cash and bank balances…

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SIA Group Reports $1.2B Profit in Q3 FY2024/25

ByAdmin

SIA Group (Singapore) has delivered a strong financial performance in Q3 FY2024/25, reporting a net profit of $1.2 billion, marking a 146.7% increase compared to the previous year. The group’s total revenue also grew significantly, up 27% to $3.8 billion, reflecting strong passenger demand and improved operational efficiencies.