Singapore Airlines is doing exceptionally well with its first half year net profit up $179 million to $305 million.
A recently released financial report shows that the airline group recorded an operating profit of $240 million in the first half of the 2015-16 financial year – $69 million higher (+40.4%) than last year.
It’s a positive start to the new financial year and the airline is looking to the future with full confidence. The airline group took delivery of a number of extra aircraft in the last six months – including two A330-300s and one 777-300ER.
They’ve also signed an agreement with Airbus to be the launch customer for a new ultra-long-range variant of the A350-900 aircraft (A350-900ULR), which will be capable of flying non-stop between Singapore and the United States in an economically viable manner.
[Great #SingaporeAir Getaways] Enjoy special fares, bonus miles & more! Take off to 2016: https://t.co/mDuAoiYse4 pic.twitter.com/4HbDmgIB5M
— Singapore Airlines (@SingaporeAir) November 11, 2015
Singapore Airlines celebrated its 50th year in May this year and the airline doesn’t look to be slowing down anytime soon.
Singapore Airlines’ group network now consists of 120 destinations across 35 countries.
