Singapore Airlines Records Strong Growth in April 2024
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Singapore Airlines Records Strong Growth in April 2024

Singapore Airlines Ltd. (SG:C6L) has released an update.

Singapore Airlines Ltd. has reported an overall increase in April 2024, with a 14.3% rise in available seat kilometers and a 12.9% increase in revenue passenger kilometers, indicating a demand growth. Passenger numbers grew significantly by 20.3%, although there was a slight decrease in passenger load factor by 1.1 percentage points. The cargo division saw an impressive performance with cargo load factor improving by 7.9 percentage points, driven by a 29.1% jump in cargo and mail carried.

For further insights into SG:C6L stock, check out TipRanks’ Stock Analysis page.

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