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SIA’s elevated profitability won’t last forever

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Ben Paul

Ben Paul

Published Thu, Aug 3, 2023 · 05:00 AM
    • SIA is still managing to sustain sky-high fares a year after Singapore fully reopened its borders.
    • SIA is still managing to sustain sky-high fares a year after Singapore fully reopened its borders. PHOTO: BT FILE

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    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.

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