SIA’s elevated profitability won’t last forever

IF YOU have a hankering for the changing hues of autumn in Britain, Singapore Airlines (SIA) can get you to London and back during the first week of September for just over S$13,000 in its vaunted business class cabin.

Alternatively, a round-trip ticket in SIA’s less-salubrious economy class would set you back about S$3,800.

More than a year after Singapore fully reopened its borders, SIA is still managing to sustain sky-high air fares as it quickly reinstates its services. Riding this strong tailwind, SIA’s share price closed as high as S$7.91 on Jun 15.