Singapore Airlines Group operating loss narrows in H2FY2021

24 May, 2021

Singapore Airlines Group reported (20-May-2021) the following financial highlights:

  • Six months ended 31-Mar-2021:
    • Total revenue: SGD2181 million (USD1.6 billion), -71.5% year-on-year;
    • Total costs: SGD2831 million (USD2.1 billion), -64.6%;
      • Fuel: SGD640 million (USD468.4 million), -72%;
    • Operating profit (loss): (SGD650 million) (USD475.7 million), compared to a loss of SGD354 million in p-c-p;
    • Net profit (loss): (SGD804 million) (USD588.4 million), compared to a loss of SGD418 million in p-c-p;
  • 12 months ended 31-Mar-2021:
    • Total revenue: SGD3816 million (USD2.8 billion), -76.1%;
    • Total costs: SGD6329 million (USD4.6 billion), -60.2%;
      • Fuel: SGD1016 million (USD743.6 million), -78.1%;
    • Operating profit (loss): (SGD2513 million) (USD1.8 billion), compared to a profit of SGD59 million in p-c-p;
    • Net profit (loss): (SGD4271 million) (USD3.1 billion), compared to a loss of SGD212 million in p-c-p;
    • Total assets: SGD37,581 million (USD27.5 billion);
    • Total liabilities: SGD21,303 million (USD15.6 billion). [more - original PR]