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SIA Logs 7.4% Higher Revenue in October 2024

Singapore Business Review ·  Nov 18 10:14

SIA and Scoot collectively serviced 3.3 million passengers during the month.

Singapore Airlines (SIA) carried over 2.24 million passengers in October, 12.9% higher compared to the same month in 2023, its latest operating results showed.

The group earned $12.93m in revenue for the month, a 7.4% year-on-year (YoY) rise. SIA alone accounted for $10.24m of the revenue, 11.9% YoY higher than a year ago.

Including Scoot, SIA carried over 3.3 million passengers in October, 7% YoY higher.

Scoot saw a decline in both revenue and passengers carried during the month. It logged a revenue of just $2.68m for the month, 7% lower than the $2.89m it earned in October 2023.

Scoot carried over 1.05 million passengers during the month, a 3.7% decline from the over 1.09 million passengers it serviced a year earlier.

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