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You are here: Home / Uncategorized / SQ: Singapore Airlines has a good quarter….

SQ: Singapore Airlines has a good quarter….

28/07/2010 by Kevincm

Well, the upturn is in full effect, with the news from Singapore Airlines has made a first-quarter profit of 253 million Singapore dollars ($184.7m; £119m).

Singapore Airlines put this down to a rise of passenger and freight traffic – which is good to see, and are expecting these numbers to hold for the remainder of the year.

Passenger numbers climbed by 5.5% in the first quarter, while cargo space usage rose from 60.6% a year ago to 65%.

Well, maybe the recovery has arrived. Let’s just hope we don’t hit a double-dip recession…

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