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Total revenue for the Group grew 2.8% to S$19.54bn, supported by continued recovery in global travel demand.
Singapore Airlines (SIA) Group has posted a record net profit of S$2.78bn for the financial year ending 31 March 2025. This is a 3.9% increase from the previous year. This achievement includes a one-off non-cash accounting gain of S$1.1bn from the completion of the Air India-Vistara merger in November 2024, according to the SIA’s latest financial statement.
Operational highlights
Total revenue for the Group grew 2.8% to S$19.54bn, supported by continued recovery in global travel demand. SIA and its budget carrier Scoot carried a record 39.4mn passengers during the year, an 8.1% increase year-on-year. However, the operating profit fell by 37.3% to S$1.7bn, largely due to increased competition, and declining passenger yields.
Staff to receive 7.45 months’ bonus
As reported by The Straits Times, employees across the SIA Group will receive a profit-sharing bonus equivalent to 7.45 months' salary for their contributions to SIA strong performance.
Looking ahead
As of 31 March 2025, SIA Group operated a fleet of 205 aircraft with an average age of seven years and eight months and had 78 more on order. Its passenger network spanned 128 destinations across 36 countries and territories. SIA served 79 destinations, while Scoot operated to 71. The cargo network reached 132 destinations globally.
Looking to the months ahead, SIA said it will ramp up services to key cities including Brisbane, Jakarta, and London (Gatwick), while Scoot expands to Iloilo City and Vienna. The Group is also strengthening its global presence through a joint venture with All Nippon Airways (ANA), with revenue-sharing flights between Japan and Singapore to launch in September 2025.
Beyond connectivity, SIA continues to invest in enhancing customer experience. In November 2024, it announced a S$1.1bn upgrade of its A350 long-haul fleet, including new First-Class cabins. It is also revamping its SilverKris and KrisFlyer Gold lounges at Changi Terminal 2 with a S$45mn investment.
On the digital front, SIA is partnering with Salesforce and OpenAI to explore Generative AI solutions that aim to support more personalised service and operational efficiency.
Lead image / SIA
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