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

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.