Singapore Airlines increases profit as yield stabilizes

Singapore Airlines’ (SIA) profitability has improved dramatically, and the carrier sees welcoming signs of yield headaches potentially easing. While SIA Group cautions that yields are still “under pressure,” the year-over-year decline was lower in the three months through Sept. 30 than in previous quarters. The carrier also revealed it has seen “some [yield] stabilization in recent months.” This supports broader observations by IATA. In a recent survey it ...