SIA's third consecutive net loss in the 12 months ending on March 31 was an improvement from the S$4.3 billion loss a year earlier that included impairment charges on 45 older aircraft.
The group, including Singapore Airlines and Scoot, carried a total of 3.9 million passengers during the financial year, up six-fold from a year before, with international air travel recovering in the last six months as global border restrictions eased. "The group will closely monitor demand, remain nimble and alert to all opportunities that may arise, and adjust its capacity and services accordingly."
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