Singapore Airlines Reports Strong December 2024 Operating Results

SIA – Singapore Airlines ( (SG:C6L) ) just unveiled an announcement.

In December 2024, Singapore Airlines reported a notable increase in several key operating metrics, including a 9.2% rise in available seat kilometers and an 8.7% increase in revenue passenger kilometers. However, the passenger load factor slightly decreased by 0.3 percentage points. The cargo segment experienced significant growth, with gross capacity up by 11.3% and cargo load rising by 13.6%, indicating improved efficiency and demand in the cargo operations. These results highlight the airline’s successful recovery and expansion efforts post-pandemic, positioning it strongly in the competitive airline industry.

More about SIA – Singapore Airlines

Singapore Airlines is a leading global airline based in Singapore, operating in the aviation industry. The airline provides passenger and cargo transportation services across various international routes, focusing on offering high-quality service and maintaining a strong presence in major global markets.

YTD Price Performance: -7.98%

Average Trading Volume: 9,843

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.6B

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