Singapore Airlines Group posts record profit in 76 years history

Singapore Airlines Group, comprising of Singapore Airline (SIA) and Scoot posted a record year of profitability in the 76-years of its existence citing return of travel and skyrocketing fares. The Group operating profit came in at a record $2,692 million, reversing the $610 million loss in FY2021/22. Operating profit for SIA was a record $2,601 million, an increase of $2,713 million from the previous financial year. Scoot achieved a record operating profit of $148 million, up $602 million from FY2021/22.   The Group posted a record net profit of $2,157 million for the year, versus a $962 million net loss in