The Business Times
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SIA expects robust demand for near-term, peak periods this year

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Tay Peck Gek

Tay Peck Gek

Published Wed, May 17, 2023 · 04:49 PM
    • SIA shares jumped as much as 3 per cent to S$6.10 on Wednesday, a day after the carrier posted record earnings.
    • SIA shares jumped as much as 3 per cent to S$6.10 on Wednesday, a day after the carrier posted record earnings. PHOTO: REUTERS

    SINGAPORE Airlines (SIA) is experiencing robust demand, not only for this quarter but also for the peak travel season at the year-end, even as it ramps up capacity amid elevated passenger yields. 

    Lee Lik Hsin, executive vice-president of commercial operations at the flag carrier, said: “Demand is robust in the near term, and also across peak periods of the year, which include the summer and the year-end period.”

    He was fielding questions at the listed airline’s briefing for the media and analysts on Wednesday (May 17), a day after the group reported record earnings for the financial year 2023 until March. 

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