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Singapore Airlines Reports Record S$2.78 Billion Profit for FY2024/25

The profit, bolstered by a S$1.10 billion merger gain, comes as operating margins face pressure and staff bonuses are adjusted.

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Overview

  • Singapore Airlines achieved a record net profit of S$2.78 billion for the fiscal year ending March 31, 2025, driven by a one-off S$1.10 billion gain from the Air India–Vistara merger.
  • Group revenue grew 2.8% to S$19.54 billion, supported by strong demand for air travel and cargo, though operating profit declined to S$1.71 billion due to competitive pressures on passenger yields.
  • The Air India–Vistara merger granted SIA a 25.1% stake in Air India, enhancing its access to India’s expanding aviation market.
  • SIA announced a 7.45-month profit-sharing bonus for employees, slightly lower than the 7.94 months awarded last year, and declared a 30-cent final dividend per share.
  • The airline cautioned about challenges from trade tensions, geopolitical uncertainties, and supply chain disruptions, which could impact future passenger and cargo demand.